Today we've reached a very important resistance level (grey trend line). This level was a support at $0.42 when ETH was falling from $2.96 back in 2013. This level was a support at $80 when it was falling from $1500 back in 2018. Now it became a resistance level with 2 possibilties: - Either ETH doesn't make it and goes for a correction to $2.200, which would be 50% Fib and 20 EMA. - ETH breaks the level and goes for a price discovery with a possible target of $8.100
RSI is way overbought and signaling a correction. MACD is also in the sky, with a light turning signal. NUPL on "On Chain" is also ready for a correction.
I think a good and healthy correction would be the best to keep growing.