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$ARC's recent hourly chart performance has been quite good. Looking at the chart, you can feel that the moving averages are neatly aligned, and the bullish momentum is very strong. The MACD has formed a golden cross and is moving upward, while the trading volume is also gradually increasing. These signals together indicate that there is still strong upward momentum.
Most importantly, the consolidation pattern in this wave of the market is very clear and straightforward. The technical logic chain is very coherent, and there's no need to wait for a deep correction. The current position actually provides a very clear signal—it's considered an ideal entry window by many. If there's demand, placing a market order is also fine.