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$ETH Signal】1H strong breakout followed by high-level consolidation, retracement for secondary rally
$ETH On the 1H timeframe, after a massive bullish candle (over 6% gain) broke out, the price is currently consolidating at a high level within a narrow range, oscillating between $2055 and $2065. The 4H timeframe has confirmed a breakout above the previous consolidation zone’s upper boundary, indicating a bullish trend, but the short-term RSI(1H) is as high as 75.95, suggesting a retracement is needed. Open interest remains stable, and buy orders are accumulating around $2055, showing that the