$ETH First, let’s get to the conclusion

✅ Operational Ideas

• For those who already have long positions: consider taking partial profits in the 4820-4850 range, and let the remaining position follow the trend.

• For those looking to enter long: be cautious, it’s best to wait for a pullback to the 4780-4760 area before entering.

• For short-term short positions: you can try light hedging near 4820, with quick entry and exit.

Market Overview:

🔹 Price & Moving Averages

• Latest price 4812.75, approaching the 24h high of 4816.55.

• EMA(7)=4784.65, EMA(25)=4768.51, EMA(99)=4754.23 → Current price is significantly higher than the three moving averages, indicating a strong bullish pattern in the short term.

• Moving averages are diverging upwards, indicating a clear bullish trend.

🔹 RSI (Relative Strength Index)

• RSI(6)=87.99 (severely overbought)

• RSI(12)=74.78 (overbought zone)

• RSI(24)=63.06 (strong, but not extreme)

👉 This indicates that the short-term surge is too aggressive, with certain risks of a pullback or consolidation.

🔹 Trading Volume

• Vol: 65,767 ETH, above the average volumes MA(5)=52,719, MA(10)=43,059 → Increased volume, strong momentum.

• Trading amount 13.319 billion USDT, indicating active capital inflow.

🔹 MACD

• DIF=7.48, DEA=0.99, MACD=6.50 (red bar)

👉 Strong bullish momentum, MACD continues to show a golden cross upwards.

🔹 Open Interest (OI)

• O.I. = 2.34M, total nominal value 11.2B → Bullish funds are flowing in, market leverage is relatively high.

⸻

📈 Comprehensive Interpretation

• Trend: Strong upward movement, short-term bulls are in control of the market.

• Risk: RSI is severely overbought, may encounter resistance in the 4820-4850 range, with profit-taking pressure.

• Support Levels: 4780 (near EMA7), 4755 (near EMA99).

• Resistance Levels: 4820-4850, if broken, may push towards 4900.