Ethereum on the 4-hour level shows price in a 9-day rally near the upper Bollinger Band channel, with the morning high reaching around 2385. From a technical perspective, the KDJ three lines have entered the overbought zone. On the 1-hour level, after the morning surge, it formed a gravestone doji with pullback, and currently price is oscillating at high levels. The MACD indicator shows a bearish death cross at high levels with the dual lines pointing downward, and bullish volume is clearly shrinking. For short-term trading, it's not recommended to chase higher; intraday focus should be on a pullback wave.