Ethereum Surges to $1,845: Bulls Dominate, But Overheating Risks Emerge
🔥 **ETH/USDT**: $1,845.62 (+1.80%) | Vol: 39.2K ETH | 24h Range: $1,753 – $1,859
At a Glance
📈 Bullish Drivers:
- MACD bullish crossover (**DIF 10.30 > DEA 5.05**) signals accelerating momentum.
- Price breaches **upper Bollinger Band** ($1,842.88), eyeing $1,859 resistance.
- Layer 2 adoption soars, with volume doubling 10-day MA (**39.2K vs. 20.1K ETH**).
⚠️ Caution Flags:
- **RSI(6) at 84.12** (deeply overbought),
**STOCHRSI at 96.97** (extreme).
- Pullback risks loom: First support at **$1,809**, then **$1,753** (Bollinger midline).
Expert Insights
- 🚀 *“ETH’s breaking out as L2s eat traditional finance. $2K is the next stop if it holds $1,840.”*
**—Jamie Wu, DeFi Pulse**
- 🛑 *“This rally’s overheated. Traders should brace for a 5–7% dip to reset RSI.”*
**—Rahul Patel, CryptoQuant**
Next Moves
1. **Upside Scenario**: Clear $1,859 = 🎯 Run toward $1,900–$2,000.
2. **Downside Hedge**: Dip to $1,809 or $1,753 could attract bargain hunters.
Trader’s Playbook
- **Swing Traders**: Take partial profits above $1,840; trail stops below $1,809.
- **Long-Term Builders**: Accumulate on dips. ETH’s L2 dominance is a multi-year bet.
- **Watch**: Ethereum ecosystem upgrades (e.g., proto-danksharding) and SEC’s stance on staking regulations.
*Hypothetical data | DYOR before trading.* 🚨
