ETH

ETH is in a bullish trend (price above EMA12/26/50/200), but the setup is now stretched and favors profit-taking/mean reversion. RSI(14) at 82.89 is deeply overbought, historically associated with pullback risk, especially when price is pressing the Bollinger upper band (3161.26) with very tight bandwidth (2.55%), a common prelude to a volatility expansion and snapback toward the mid-band. MACD remains positive (line 8.8 > signal 4.93) with a strong histogram, confirming momentum, but this also increases the probability of a momentum “cool-off” rather than a clean continuation without consolidation. Recent candles show a push from ~3130 to ~3170 with normal-to-slightly elevated volume (1.16x), suggesting buyers are active but not in a breakout-volume regime. With current price essentially at the upper band and near intraday highs, risk/reward is unfavorable for fresh longs; a controlled SELL targets a retrace toward the 3120–3082 support zone. Ideal stop loss for the SELL: 3188 (above the 3170.4 swing high + ~1 ATR).