Good morning, everyone ☀️ Today is August 14, 2025. The ETH daily chart has shown an overbought signal, beware of selling pressure! A sharp drop for a correction is likely.
Whether looking at the VPVR or the liquidation map, there is thin liquidity above 4800. After a breakout, there could be a short-term acceleration, but once selling pressure hits, a sharp drop for correction is also likely.
Currently, the trading volume is moderately increasing during the rise, but there hasn't been extreme volume, indicating that funds are more trend-following rather than a widespread FOMO.
The MACD momentum bars below have been continuously high, and the top indicators have repeatedly shown “top warning” labels, indicating short-term overbought risks.
If the volume cannot further increase, it may face selling pressure and rapidly fall back in the 4800~5000 range.
The ETH daily trend remains strong, but it has entered a historically dense pressure zone, making the risk-reward ratio for continuing to chase longs not favorable in the short term.
I will lay out medium to long-term shorts after a clear short signal appears at the top.
$ETH