Is ETH overextended and due for a correction?

For those holding ETH, this is a good point to set up a hedge using derivatives.
If the price keeps going up (which I think is unlikely at this moment—perhaps it will move sideways), buying at these levels is crazy.
In fact, there’s been a recent rally, full of people on X and YouTube saying this is the big moment to buy… That immediately raises a red flag for me!

And what about the FEDFUNDS? Have you taken a look? Haha, just something to think about.

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After a long time away from TradingView and the community, I’m back to breathe some life into it!
Missed you all — let’s enjoy life and make the most of what it has to offer!