Looking at the EGLD trend, it is currently stuck at the previous high of 6.343, with multiple attempts to break through unsuccessful. This is not a good sign.

Technical indicators are flashing a series of warning signals. RSI has soared to 90.75, and the J value of KDJ has even exceeded 108. Such extreme values usually indicate a serious short-term overbought condition. There is also a more straightforward issue—trading volume has shrunk from 1.18 million to 270,000, a decrease of over 77%. A rise without volume is inherently a dangerous signal, indicating that the trading support behind this upward move is rapidly diminishing.

MACD has repeatedly hovered around the zero line, with bullish momentum clearly waning. When the price hits new highs but volume and momentum indicators weaken, such divergence often signals a potential reversal. The current position has become a risk point worth paying attention to, and whether the rebound can stabilize remains to be seen.