After reaching a high of 3,121.76, the price at $ETH encountered strong resistance and quickly retraced. Short-term bullish momentum has weakened, with both MACD and RSI showing overbought reversal signals, indicating potential technical correction risk.

Trading Suggestions

Short-term profit-taking or wait and see

🛡️ Suggested position sizing

Keep position size below 50% to avoid over-leveraging

📉 Take-profit / Stop-loss Levels

Take-profit level: 3,121.76; Stop-loss level: 3,090.70#eth

ETHUSDT

Perp

3,314.48

-0.50%