Ethereum price analysis (Bullish) — 4518.73 USDT (+2.27% 24h)

ETH is showing strength, trading above both the 20 and 50-day SMAs with a 2.27% gain on solid volume. The RSI at 71.4 indicates overbought conditions, suggesting potential for a near-term pullback or consolidation. However, the momentum remains positive as price holds above key moving averages. Volatility is elevated at 2.32%, typical for crypto but requiring careful position sizing. Traders should consider taking partial profits here or setting tight stop-losses below $4,474 (SMA20) for long positions. Wait for a dip toward $4,420 (SMA50) for better risk-reward entries if bullish momentum continues. Monitor volume closely—sustained high volume could push through resistance, while declining volume may signal a reversal.