ETH has recently broken through consecutive highs with a strong trend, but the 4-hour level volume has significantly weakened compared to earlier periods, showing a volume-price divergence signal that indicates bullish momentum is beginning to fade. The market may be entering a phase-wise top area.



From a structural perspective, there are two possibilities:
First is a simple top, where the short term forms a second high in the 2350-2370 range, building an M-top or triangle before declining;
Second is a complex pattern with a terminal wedge formation. After a brief pullback, there could be two more pushes upward, completing the final top in the 2430-2450 area before turning downward.

Therefore, the current position is not suitable for blindly opening shorts, as it can easily become fuel for the rally. For short-term trading, pay attention to the 2350-2370 resistance. If there's another push higher, observe whether it comes with volume—volume-less rallies are mostly bull traps. It is recommended to wait for the top structure to be confirmed before considering short positions. For now, a wait-and-see approach is advised.
$BTC $ETH $SOL #比特币站上7.5万美元 #加密市场上涨 #美政府计划多国联合护航霍尔木兹 #七大央行利率来袭
BTC0,71%
ETH2,66%
SOL-0,02%
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