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1.7 Wednesday Noon ETH and BTC Market Analysis
On the 4-hour chart, after the price tested the 3000 level, it has now stalled and formed a correction trend. Technically, MACD shows a bearish divergence, KDJ has a dead cross, volume has decreased, RSI is in the overbought zone, and the overall pattern indicates a head-and-shoulders formation. Technical indicators urgently need to be repaired.
Personal suggestion, for reference only (strictly set stop-loss)
ETH and BTC can range around 3260-3300, with targets at 3200-3150