Ethereum has hit our profit target of $3646 before consolidating around $3470 which appears to be a POC. We will have further support from $3186, then again at $2962. The Kovach OBV is very strong but has tapered at highs, suggesting we are overbought and are due for a retracement or at least a consolidation at upper levels. The latter seems to be unfolding but be prepared for the downside risk of a retracement.
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