ETH short-term bullish signal strong, but overbought risk needs to be cautious

Member indicators show that the current 1-hour trading volume has surged by 347.77%, and the price has broken through the EMA24/52 moving average, clearly releasing a bullish signal. Meanwhile, the KDJ golden cross and RSI breaking through 70 further confirm the strong upward momentum. However, the distribution of chips suggests that the current price is close to the strong resistance zone of 4187.5, and the intensive peak of trading volume indicates that selling pressure may increase. In addition, the K-line shows a belt catching line, combined with the MACD double top pattern, indicating that there may be a risk of a pullback in the short term. Support level: Pay attention to the chip intensive area near 4005.5. Indicator recommendation: Open membership, accurately capture trading volume fluctuations, and lock in buying and selling points in advance! The data is sourced from the PRO member's [ETH/USDT Binance 1-hour] K-line, for reference only, and does not constitute any investment advice.