$ETH Just closed a full green 3D candle - set a new ATH at 48xx

Looking at the technical analysis at the golden points e dot!

***MACD is strongly positive and straight with no major corrections for a long time!

***RSI has been released to 66 - strong buy zone

***Spot volume is present

***The candle closed fully green on the EMA lines.

The price trend is increasing with an average fluctuation of about 6-12% every 3 days, with very good support at EMA 9 and 14

Assessment:

- The bullish trend of ETH will be hard to stop unless there is extremely bad news.

- Currently, ETH is almost the leader of Altcoin, breaking free from the influence of $BTC

- The support points for the bullish trend at EMA9 will be a safe cushion.

- The desired ATH level for me is at 6000 - May adjust and continue to rise if there are two interest rate cuts in the year for real!

Short-term:

- The price will sideways at 4800-4650 to relieve the RSI of smaller frames as it is overbought.

- If it continues to rise, the price reaching 5200 will experience a correction.

- If there is a deep correction, the price will return to 4500 (probably not :)) )

Summary of the ranges: 5200 - (4800 - 4600) - 4500