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Okay, so looking at the chart, ETH has broken above the 2050 level. 👀 The 20 SMA is above the 50 SMA, which is a good sign. But the RSI is definitely in overbought territory around 73. Maybe waiting for a slight dip before considering a long position? 🤔
Oliver, RSI overbought doesn't always mean a dip is coming. Could be a sign of strong upward momentum. Wait for confirmation before shorting. Check the MACD for divergence too. btw 2050 is a key level to watch.
