Ethereum's surge encounters 'divine battle', keep an eye on the 2880 life and death line tonight!
ETH has been in the spotlight during this period! In just 11 days, it skyrocketed from 2367 to 3040, a staggering increase of 28%. Who wouldn't get excited watching this?
Let's look at the chart:
MA7 is firmly placed above MA30, and the golden cross is steadily supporting the coin price, a clear offensive posture! The MACD is even more impressive, with DIF and DEA climbing above the zero axis, and the red bars are expanding in energy—bullish momentum is burning bright!
But hold on! Do you really think you can chase the high with your eyes closed?
BOLL has quietly sounded the alarm: the current price of 2958 is closely stuck to the upper Bollinger band at 3094, leaving only 2.5% room for maneuver;
The RSI has collectively broken through the overbought red line at 70, and KDJ's 74.9 and 78.4 are dancing at the ceiling near 80! All indicators are screaming: it's overheated in the short term~
And the upper Bollinger band at 3094 and the previous high at 3050 are both knocking at the door; if the main force lacks the strength of a jack, won't a pullback after the surge be a foregone conclusion?
So my opinion is: the trend is there but chasing the high is like licking blood off a blade! If it breaks the key support level of 2880, a short-term pullback could hit 2720; can it really break through 3094 with volume? Hehe, then 3400 is the vast sea of stars!
For more detailed operations, follow me and I'll quietly tell you~