ETH

ETH is showing late-stage bullish conditions with increasing signs of short-term exhaustion. RSI at 75.27 is firmly overbought, indicating elevated risk of a corrective pullback. Price is trading very close to the upper Bollinger Band ($2917 vs. $3012 upper, after recently probing that area) and above the 12/26/50 EMAs, but still slightly below the 200 EMA ($2937), creating a near-term overhead dynamic resistance zone around $2935–$3000. MACD remains positive with a bullish histogram, confirming the prior uptrend, but momentum is flattening as recent candles show smaller bodies and lower highs vs. the earlier impulsive move from $2850 to $2950+. At the same time, volume has dropped sharply to 0.3x the 20-period average, suggesting the latest price action is not supported by strong participation and may be vulnerable to mean reversion. ATR is moderate, so a pullback toward the mid-band/EMA cluster ($2860–$2880) is a realistic risk. With stretched oscillators, weakening volume, and price near resistance, the risk/reward now favors taking profits or reducing long exposure rather than initiating or adding to longs.