Ethereum Rally Shows Early Selling Pressure — Time to Watch
I see ETH's recent rally encountering early selling pressure as traders lock in gains and ask-side liquidity builds near major resistance levels.
On-chain signals and price action point to weakening momentum — lower-volume advances, RSI divergence, and rising exchange inflows are flashing caution.
I'm waiting for either a volume-confirmed breakout or a clean retracement to key support before increasing exposure; in the meantime I would trim leverage and tighten stops.
Analysis
Recommendation
Reduce leverage and consider partial profit-taking; set tight stops and watch for a volume-backed breakout or a retest of support before adding new positions.
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.