Shocking! Behind the Surge of ETH, Smart Money has Quietly Positioned Itself, the Key Turning Point is Approaching!

ETH recently broke through $2680, surging nearly 9% in 24 hours, but trading volume is shrinking, the RSI index is already overbought, and the Bollinger Bands have touched the upper limit, indicating significant pullback pressure! Smart capital has begun to prepare for a possible reversal.

🌟 Key Points of Technical Analysis:

Market Status: The current ETH price has deviated from MA200, with clear bubble characteristics, and the RSI is as high as 92.5, indicating huge pullback risks.

Shrinking Trading Volume: Despite the price surge, trading volume has decreased, suggesting a lack of upward strength, with major players distributing at high levels.

Key Levels: Resistance at 2760 above, support at 2485 below, and a significant pullback may occur in the short term.

💡 Trading Strategy:

Short Selling Suggestion: Entry point at 2700, stop loss at 2820, target at 2485, risk-reward ratio 2.44:1.

Risk Warning: Funding rates are positive, short-term pullbacks may be delayed, but it is recommended to operate with a light position to control risks.

🚨 Currently, ETH may have entered a short-term adjustment phase, and the positioning of smart capital could determine market trends in the coming days!