A short technical analysis of $ETH on 1H and 4H charts.

4H Chart Analysis:

- Trend: Strong bullish momentum. Price surged from 1537 to 1818.

- EMA Alignment: EMA(7) > EMA(25) > EMA(99) — classic bullish structure.

- RSI(6): 87.13 — overbought zone, which signals potential for pullback or consolidation.

- Stoch RSI: 99.41 — maxed out, another overbought signal.

- MACD: Bullish crossover, wide separation — confirms recent explosive move.

Conclusion: Overheated. Momentum is bullish, but expect a cool-off, possible retest of 1700–1750 before continuation.

1H Chart Analysis:

- Price Action: Pullback already started from 1818.

- EMA Structure: Still bullish (7 > 25 > 99), price riding EMA(7).

- RSI(6): 68 — easing from overbought.

- Stoch RSI: Bearish crossover from overbought territory — early sign of correction.

- MACD: Still bullish, but histogram is shrinking — momentum slowing.

Conclusion: Short-term cooldown in progress. Watch EMA(25) (~1720) as a support zone. Break below could confirm deeper pullback.

Overall Outlook:

- Short-term (1H): Slightly bearish/neutral — expecting pullback or consolidation.

- Mid-term (4H): Bullish but overextended — potential for retest before next leg up.

- Bias: Wait for pullback to enter long (ideally around 1700–1750). Avoid chasing here unless new breakout occurs with volume above 1820.