ETH Alert: What Hidden Dangers Lurk Behind the Highest RSI in 15 Years?
Everyone, did you feel stunned by last night's surge? Let's look at the chart: peaking at $2798 is indeed explosive, but have you noticed that the RSI shot up to 91.23?! Since the birth of #ETH , the number of times the 4-hour RSI has broken 90 can be counted on one hand—this is nothing but a blatant "deathly overbought" signal!
Let’s examine this set of data:
The MACD red bar reached 43.10, the DIF golden cross DEA skyrocketed, the 7-day moving average firmly supported the price at 2687, and the Bollinger Bands are stretched to 2759! But think about it, 12 consecutive bullish candles without a pullback, doesn't this feel like the night before the crash in November 2021?
All three RSI lines above 70, this isn’t overbought at all! It’s like carrying a torch through a powder keg!
The KDJ J value at 98.55 is practically mocking gravity.
The most critical point is, while the price is surging against the upper Bollinger Band, the trading volume has shrunk by 30% compared to previous highs! Isn’t this a classic "no-volume bullish rise"?
"During a surge, you must tighten your stop-loss line!" Absolutely do not chase at the current price!
Finally, let me remind everyone: a bull market is not mindless charging, there will definitely be a sharp drop after a sharp rise! If the 2800 level can't hold, guess how many explosive orders are buried at this bottomless cliff?
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