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Conclusion first: As long as the 1-hour level finds support at the 20-day moving average and consolidates above 2200 with volume expansion, we can target 2250! Currently it's 22:08, and I believe there's a high probability of another push followed by a pullback, with 2195-2210 area likely to see a failed breakout and reversal.
Current situation: Overbought, overbought, overbought! Only two possible scenarios: either sideways consolidation to repair indicators, or a pullback to near the midline at 2135-2150. Regardless of which, if you're in cash, maintain your position and don't foolishly chase the rally. Going short won't yield much profit either, and the risk is too high. $ETH