I glanced at the order book/price chart—this rally is a bit intense. $ETH is currently at around 2426, which is indeed a little awkward. The RSI on the 1H is only 54, while the RSI on the 4H is already 71. The long/short ratio is 1.75, clearly skewed bullish, but the Stoch RSI has already shot straight up to 92, which is extremely overbought. In this situation, the risk of chasing the rally is not small.
The key to watch is the 2410 level—this is the confluence zone of the Fib retracement and the EMA25. If price holds steady there, it could push higher toward the 2439 resistance. But since Stoch is extremely overbought, there’s a significant likelihood of a short-term pullback. If it breaks below 2377, then the bullish thesis would fail.
Only for chart observation and scenario analysis; it does not constitute a record of trading actions.
$ETH #行情分析 #牛市 #交易
The key to watch is the 2410 level—this is the confluence zone of the Fib retracement and the EMA25. If price holds steady there, it could push higher toward the 2439 resistance. But since Stoch is extremely overbought, there’s a significant likelihood of a short-term pullback. If it breaks below 2377, then the bullish thesis would fail.
Only for chart observation and scenario analysis; it does not constitute a record of trading actions.
$ETH #行情分析 #牛市 #交易
