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January 4 $ETH Market Analysis
On the 1-hour chart, after the price surged to 3166, it has now begun a correction. The upper band of the Bollinger Bands is exerting pressure on the price, and the KDJ indicator is in the overbought zone with a dead cross formed. It is likely that a pullback will occur before attempting another upward push.
Operational suggestion: around 3160-3180,
Target 3050-3080
$ETH