#EthereumFuture ETH

$ETH Ethereum Breakout Alert: Critical Long/Short Zones Identified — Missing the Move Could Sting for Months

1-Hour Chart Snapshot

Current Price: ~$1,690

Market Sentiment: Strongly Bullish

Ethereum has just executed a decisive breakout, backed by significant momentum.

Bullish Indicators Flashing Green

Price Action: Clean breakout structure, continuing upward trajectory

MACD: Bullish golden cross confirmed

RSI: Holding above overbought levels, indicating sustained strength

Stoch RSI: Pegged at 100, suggesting extreme bullish pressure

Short Squeeze Potential: Overhead short liquidation zones could trigger an explosive move higher

Risk Factors to Monitor

Overheated Indicators: Both RSI and Stoch RSI remain in overbought territory—cooling off is plausible