$ETH has an impressive rise, from the bottom of 2,930 to the peak of 3,188, achieving a gain of over 8% in 24 hours. The upward momentum mainly comes from strong bottom-fishing cash flow after last week's correction.
🌐 4-hour frame:
ETH is maintaining a strong uptrend as the price remains solid above all 3 MA lines (MA7: 3,116 | MA25: 3,020 | MA99: 2,715). RSI(6) is around 77 – close to the overbought zone, but there are no signals of bearish divergence, indicating that buying pressure still dominates. MACD is turning positive again, histogram is expanding → confirming the continuation of bullish signals.
⏱️ 1-hour frame:
ETH is showing signs of slight accumulation after reaching the peak of 3,188. The price remains above MA7 (3,159), MA25 (3,109), and both MACD and RSI(24) are maintaining a positive slope. This reflects that the cash flow has not withdrawn but is just 'taking a break' before deciding the next direction. The 3,144 – 3,159 area is currently a near support zone; if maintained, the likelihood of further increases is high.
🕒 15-minute frame:
This is where ETH is technically adjusting after a quick pump. RSI(6) is slightly declining from the 70+ zone, and the MACD histogram is contracting. However, the price remains above MA25 and MA99, indicating that this is just a short-term adjustment, not a trend reversal.
📌 Summary of personal perspective:
ETH is in a sustainable uptrend but needs a slight accumulation phase to gain momentum. If it holds the 3,144–3,159 range and surpasses 3,188, the next target could be 3,250 or even 3,300. Conversely, if it breaks this support zone, ETH may retest 3,100 – where the MA99 on the 1-hour frame is located.
🚀 Which scenario do you lean towards?
🔸 Bull: ETH surpasses 3,188 → continues the upward trend to 3,250+
🔸 Bear: Overbought already, adjusting to 3,100?
👇 Please share your strategy in the comments!