
百萬Eric | Day Trader|Jul 07, 2025 09:16
Ethereum ETH triggers a 4-hour overbought signal.
I tend to use this signal for taking profits on multiple orders in batches, rather than going short in reverse.
Review the first three overbought signals:
After the first time, the market fluctuated, and there was a significant pullback in both the second and third times.
But this time it's slightly different, the EMA moving average is starting to turn, with the bulls having a slight advantage.
Therefore, this overbought signal is more suitable as a reference for taking profits in batches, and currently does not constitute ideal short selling conditions.
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