ETH

ETH is showing signs of a short‑term blow‑off move rather than a healthy, sustainable trend continuation. RSI at 89.55 is extremely overbought, a level historically associated with mean reversion or at least sideways consolidation. Price is trading right at/above the upper Bollinger Band ($3036 vs. price ~$3014), after a sharp 9% daily move, indicating a stretched move away from the mean (middle band ~$2863). MACD is very strong but already far extended with a large positive histogram, suggesting momentum may be peaking rather than just starting. EMAs (12/26/50) are all below price and tightly clustered, confirming a bullish trend but also highlighting how far price has accelerated above recent value. ATR is moderate, so a pullback toward $2900–$2850 would be normal within current volatility. Volume on the big impulse candles was elevated, but the most recent candles show price stalling near $3k with normalizing volume, hinting at buyer exhaustion. Risk/reward for new longs here is poor; trimming or closing longs to lock in profits is prudent while waiting for a better entry.