$BTC $ETH Let's analyze the Ethereum market:

From a comprehensive view of technical indicators, the current market shows no obvious unilateral trend, but the MACD histogram remains positive and is gradually lengthening, indicating that the bullish forces are continuously strengthening. The KDJ indicator has formed a golden cross, with KDJ values in a neutral state, showing that the market's bullish and bearish forces are temporarily relatively balanced, but the bulls have a slight advantage. The RSI value is greater than 70, which usually means the market is in an overbought condition, and prices may experience a pullback after a rise.

From the 4-hour candlestick chart, the overall trend is upward, having broken through earlier highs, there is a large bullish candle, and the last candlestick is bullish, with the closing price greater than the opening price, reflecting that the bullish forces dominate the market in the short term, pushing prices upward. Overall, the current Ethereum market is active in trading, with strong upward momentum, and bullish forces are in a dominant position in the short term. However, since the RSI is in the overbought region, there is a risk of a pullback after a rise. Pay close attention to the support level of 2935; as long as it does not break below, it remains the bulls' stronghold.