$ETH appears bullish in the short term. It has a decent volume and a break above key MAs. However, the high RSI shows that a pullback is possible soon.

A closing over $2,834 with volume confirmation signals a bullish continuation. A slip below $2,656 indicates negative pressure. Given the 3.48% gain today, it's a strong position for traders to enter a trade. You have to exercise caution as there are overbought conditions.