The current ETH candlestick is approaching the upper BOLL band. After a period of continuous upward movement, the price is now in the overbought zone along the upper edge of the channel, with technical indicators signaling a potential pullback from the highs. It is highly likely that the price will revert toward the midline in the near future.
It is recommended to go short on ETH around 3240-3270, with a target of 3150-3100. Set the stop loss above 3300 and strictly control risk.
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The current ETH candlestick is approaching the upper BOLL band. After a period of continuous upward movement, the price is now in the overbought zone along the upper edge of the channel, with technical indicators signaling a potential pullback from the highs. It is highly likely that the price will revert toward the midline in the near future.
It is recommended to go short on ETH around 3240-3270, with a target of 3150-3100. Set the stop loss above 3300 and strictly control risk.