ETH

ETH is extended in the short term and showing early signs of momentum exhaustion. RSI at ~76 is firmly overbought, indicating elevated risk of a pullback rather than fresh asymmetric upside from current levels. Price is trading very close to the upper Bollinger Band ($3025 vs. $3061), which often acts as short‑term resistance after a strong impulse. The MACD is strongly positive, but the histogram is already quite elevated, suggesting the current leg may be maturing. Price is only ~1–2% above the 12/26/50/200 EMAs, confirming a bullish trend but also showing that the latest move has pushed ETH to the upper edge of its recent range. Meanwhile, the last completed candle shows significantly below‑average volume (0.42x 20‑period), implying weakening participation on this push higher and increasing the probability of mean reversion toward the mid‑band/EMA cluster. With ATR around $30, a routine pullback of 1–2 ATR ($30–60) would bring price back toward $2960–$2990. Given stretched momentum, low volume, and limited near‑term upside versus downside, risk/reward favors taking profits or trimming longs rather than adding here.