Looking at the recent indicators from the current hourly line, after a surge, there is a consolidation trend at a high level, and the momentum is clearly weakening. $ETH
From the technical indicators, a MACD divergence has emerged, indicating that while prices are reaching new highs, the momentum is declining, suggesting there may be insufficient buying power in the market.
The KDJ indicator has also entered the overbought zone, hinting that short-term indicators may face adjustment pressure, and we can continue to operate with caution.
Operation suggestion: 3590-3620 range
Target: 3490-3400
