ETH

ETH is in a strong short-term uptrend (price above EMA12/26/50 and reclaiming above EMA200), but the setup is now stretched and vulnerable to a pullback. RSI(14) at 80.15 signals overbought conditions, increasing the probability of mean reversion rather than offering a favorable fresh long entry. Price ($3003) is also trading above the Bollinger upper band ($2980.92), a classic extension signal; with narrow bandwidth (2.34%), this looks like a volatility expansion that often retraces toward the middle band/EMAs. MACD is bullish (histogram +7.17), but this can lag at peaks; combined with the overbought RSI, it suggests momentum may be near exhaustion. The last hours show accelerating upside with a major volume spike (4.95x average), which frequently marks late-stage breakout/possible blow-off behavior. Risk/reward now favors taking profit/closing longs or a tactical short toward the $2955–$2946 zone. Ideal stop loss for a short: $3038 (above the $3016.7 swing high plus ~1.2 ATR).