ETH

ETH is in a clear short-term uptrend (price above EMA12/26/50/200; bullish stacking) and MACD remains positive (15.36 vs 10.46) with a rising histogram, confirming momentum. However, RSI at 73.65 signals overbought conditions and increases the probability of a near-term pullback or consolidation. Price is pressing the upper Bollinger Band ($3052.43) with tight bandwidth (2.77%), often preceding a volatility expansion; given the extended RSI, the more likely expansion is a mean-reversion move toward the mid-band/EMAs rather than immediate continuation. Recent candles show a push to $3067.7 followed by a fade back near $3046.8, suggesting resistance/supply overhead. Volume is elevated (2.43x average), which can mark a local exhaustion spike after a rally. Risk/reward favors taking profit/closing longs here and looking for re-entry closer to support. Ideal stop loss for a short is above the recent swing high to avoid a squeeze.