$ETH The ETH 4-hour market action is so exciting! In the technical analysis, the RSI trio has collectively broken through 70, and the overbought alarm is ringing like a fever hitting 40 degrees. Although the MACD is still bouncing around in the bullish area, the green bars have suddenly retreated, like a secretive stab in the back; the moving averages are still holding up but the shadow of a divergence is already swaying behind.

On-chain activity is even more lively, with whales frantically offloading at the 2800 level like a madman. The inflow to exchanges has surged by 300%, while retail investors are catching falling knives. The bulls and bears are directly clashing here.