$ETH Current price near 2950, after yesterday's surge there has been a pullback, currently situated in a high-level fluctuation, approaching the stagnation phase after a previous uptrend. From the 4H chart, various technical indicators and candlestick patterns indicate that the market is signaling a short-term adjustment demand, but the overall trend still leans towards the bulls. In the short term, the current market faces overbought pressure, and signs of weakening bullish momentum are gradually emerging. The KDJ indicator is nearing a death cross, the RSI indicator has exited the overbought zone, and the MACD momentum bars are shrinking, all of which suggest a potential price correction in the short term. However, the EMA moving averages are still in a bullish arrangement, and the BOLL bands are widening, indicating that the upward trend has not been completely undermined.
Strong recovery, asset doubling! Stay close to nostalgia, plan ahead, and easily reap great profits.
Continue to pay attention: M H
