What is the Next Move for ETH?
Based on the chart, the next move is likely downward in the short term (e.g., next few hours to sessions). Here's the reasoning:
The +2.91% rally has stalled near key resistance (4,760–4,770 from multiple indicators), with fading momentum (oscillator at -2, bearish divergence).
The prominent "short" signal and Fib 1.618 extension suggest exhaustion—rallies often reverse after hitting such levels.
More buy signals exist, but they're lagging (e.g., EMAs), while forward-looking ones (RQK, momentum) favor sells. Price action shows hesitation (smaller green candles).
Potential Scenario: Pullback to test support at 4,714–4,701, or deeper to 4,689 if breaks lower. If momentum rebuilds and breaks 4,770 convincingly, it could flip bullish toward 4,780+, but current setup makes this less probable (~30% chance vs. 70% for down).
Risk Factors: High volatility in crypto; external news (e.g., macro events) could override. Use stops above 4,770 for shorts or below 4,714 for longs.

