
Ethereum Faces Short-Term Volatility Amid Overbought Conditions
Ethereum has experienced a strong rally in Q3 with a 46.62% ROI, but signs of exhaustion such as an overheated RSI and over 95% of supply in profit suggest a potential cooldown or pullback before reaching $4,000. The divergence between ETH and Bitcoin, along with high profit saturation and recent whale activity, indicates caution as the market may undergo a shakeout similar to previous cycles.
