Ethereum Price Sees Warning Signs Ahead of Potential Pullback

The Ethereum price has been pressing $2,459 on a spent rally, with the Relative Strength Index (RSI) at 78.57, indicating overbought territory.

Momentum has flatlined, and the Moving Average Convergence Divergence (MACD) histogram has printed exactly zero, meaning the bull engine that powered this run has stalled.

The Bollinger Band %B at 0.93 means Ethereum is essentially grinding its face against the upper band ceiling at $2,528, which is compression, not launch.

Historically, this kind of setup resolves with a mean-reversion exhale before any continuation higher, suggesting that a pullback is likely.