sell on strength

ETH Overbought — Watch for Pullback After Strong Rally

I see ETHUSDT with elevated RSIs across timeframes (H1 72.7, H4 74.7, D1 77.8, W1 70.1), indicating a broad overbought condition after the recent rally.

Price is 4,584.4, up ~8.3% in 24h with strong volume, so momentum is real but stretched — the pair is vulnerable to a short-term pullback or consolidation.

I’m watching for signs of weakness or a retracement before adding exposure; I would consider selling into further strength or waiting for a clear dip to buy.

Source available for registered users Sign Up Free

Analysis

Multiple timeframes register RSIs above 70, signaling overbought momentum backed by strong volume. While the upmove is valid, the risk of a correction or sideways consolidation is elevated until RSI c...

Recommendation

Do not buy into current strength; either take profits or wait for a pullback. Consider buying on weakness or short-term sellers targeting mean reversion if you trade actively.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: