Currently, the situation with Ethereum has become quite delicate. The price is stuck at the 3327 level, unable to move, while the RSI indicator on the 4-hour chart has soared to 77.8—what does this number mean? It indicates that the overbought signal has reached its limit. The market is like a spring compressed to its maximum, with energy fully accumulated, but held tightly by a thin resistance.

Looking at the daily chart, the trend remains upward, which is not an issue. However, the overbought condition on the 4-hour chart suggests that a short-term correction is likely to occur soon, or in other words, a single candlestick could trigger a breakout. The movement tonight may determine the direction for the next few days.

**Key levels to remember:**

- **3296 to 3328**: This is the current powder keg zone, only 32 points apart. This narrow band could be broken at any time, and once it breaks, the market will accelerate.
- **3253**: This is the lifeline for the bulls, a critical support on the 4-hour chart. If it falls below, the trend logic changes.
- **3384 and 3403**: The two key resistance levels above, representing the ceilings on the 4-hour and daily charts respectively.

**How to operate more safely?** I prefer to follow the daily trend and buy low during the potential pullback when the 4-hour overbought condition occurs.

The best entry zone is **between 3295 and 3305**. Enter here, with a stop-loss set at 3248 (a break below indicates a trend reversal and is not worth holding). If all goes well, the profit target is to ride up to 3380, 3405, or even further beyond 3500. This risk-reward ratio is the most cost-effective.

The key is to have patience and wait for a good pullback opportunity; don’t rush to chase the high.