The current price of ETH is 2930.18, standing above the middle track, which is the first positive signal of a short-term trend turning from weak to strong. The middle track has now become a key support level in the recent period.
The J value has significantly exceeded 100, clearly entering the overbought zone. This is a strong short-term warning signal, indicating a demand for technical correction in the market after consecutive increases, with high risks of chasing highs.