$ETH First, let's state the conclusion

✅ Operation Suggestions

• For short-term long positions, pay attention to take profit around 4770-4785 to avoid RSI overbought pullback.

• If the price retraces to 4750-4740 and the trading volume increases, consider entering long.

• If there is a strong breakout and maintains above 4800, there is a chance to challenge the 4850-4880 range.

📊 Current Market Overview

• Current Price: $4,769.15 (Change +1.07%)

• Mark Price: $4,768.51

• EMA Moving Averages:

• EMA(7) = 4,756.42

• EMA(25) = 4,757.87

• EMA(99) = 4,750.19

👉 The short-term moving averages (7/25) are all below the price, indicating that the market is in a strong zone with short-term upward momentum.

• RSI:

• RSI(6) = 74.91 (Overbought zone, short-term pullback risk)

• RSI(12) = 58.48 (Slightly strong)

• RSI(24) = 52.44 (Neutral slightly bullish)

👉 Short-term is overheated, but the medium-term trend remains healthy.

• MACD:

• DIF = -3.53

• DEA = -6.29

• MACD Bars = 2.77 (Green bars shortening → Signal of potential strength)

• Trading Volume Vol: 8,538 (Compared to MA(5)=25,413, relatively low → Insufficient upward momentum, possibly a false breakout).

• Open Interest OI: 2.32M (Overall relatively high, indicating that funds are still in, volatility will increase).

⸻

🔎 Technical Interpretation

1. Short-term (15 minutes - 1 hour)

• RSI(6) is too high, with prices reaching around 4770, a pullback may occur (Support level 4749-4750).

• If the volume does not keep up, it is easy to see a rise followed by a drop.

2. Medium-term (4 hours)

• EMA(25) has stabilized, and MACD shows signs of a golden cross, indicating a medium-term bullish trend.

• However, the current volume is low, and it needs to break through 4800-4810 to confirm further upward movement.

3. Key Levels

• Support: 4750 → 4730 → 4715

• Resistance: 4785 → 4800 → 4815