$ETH 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