Ethereum finally made a strong move, breaking through the 3000 barrier during the night and reaching a high of 3044, currently stabilizing above 3020. This breakthrough is quite significant.

Looking back at the rise of ETH compared to BTC early yesterday morning, ETH was still relatively strong. Yesterday, the long positions for ETH also secured more than 100 points of space.
From the daily chart, the price has strongly broken through the upper Bollinger Band at 3031, reaching a recent high, confirming a bullish pattern. The MACD has formed a second golden cross above the zero line, with the red bars continuing to expand, indicating strong upward momentum at the daily level. However, the RSI has surged to 71.97, indicating severe overbought conditions and significant short-term pullback pressure. From the four-hour chart, the Bollinger Band is opening upwards, and the price is running along the upper band, indicating a strong and healthy short-term trend. The MACD continues to rise, showing no signs of divergence. Each pullback to the middle band (around 2905) is a strong confirmation.
Operating idea:
Patiently wait for the callback to the 2980-3000 range to go long, with a target looking at 3040-3050. #非农数据超预期