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#ETH巨鲸增持 $ETH 12.4 Morning Session Observation
Looking at ETH’s current position, it has already touched the top of the Bollinger Bands. This surge from the bottom has been quite strong, and now things are clearly a bit overheated. Technically, the overbought signal is very obvious, and the price is stuck at the upper band, facing significant resistance.
The bulls have been charging too hard these past few days, and their momentum is almost exhausted. Judging by this trend, there’s a high probability of a pullback towards the middle band for consolidation.
My personal strategy: consider opening short positions in the 3250 to 3300 range, looking for a pullback. The first target is around 3180, and if it breaks below that, continue to watch 3130. Of course, use strict stop-losses—don’t try to tough it out.