#ETHRally On the 1H chart, ETH is significantly above the MA7 and MA25, clearly in the overbought zone. The upward momentum has slowed down, with recent candles showing long upper wicks, indicating that selling pressure is emerging. Trading volume is decreasing compared to the previous price surge, signaling that buying strength is waning.

The current preferred scenario is a short-term sell trade around the 4,720–4,730 range, with a stop-loss above 4,740 to limit risk. Profit-taking targets are set at 4,680 and 4,590 respectively. The overall trend still maintains an upward momentum, so this is a scalping trade aimed at catching a correction — not a position to hold long-term.$ETH