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Yesterday early morning, buying pressure appeared, causing Ethereum's price to break through the 2900 level. However, in the short term, the one-hour structure shows that the resistance at 2950 remains strong, and multiple attempts to break through overnight have failed. According to the attached indicator chart, the KDJ three lines are turning downward, and the MACD indicator's bullish momentum is shrinking. The previous bullish outlook of 2913 can now be reconsidered. Short-term small profit at 2926!
Within the day, go short at 2926 and look for a move down to 2846. Defensive stop 40 points #BTC #ETH