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Ethereum Make-Or-Break Moment: This Key Level Determines Path To Reach $7,000 Newsbtc 1 सप्ताह पहले

Ethereum Make-Or-Break Moment: This Key Level Determines Path To Reach $7,000 📈

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Despite Ethereum (ETH) recently losing the critical $3,000 threshold due to broader cryptocurrency market corrections influenced by escalating regulatory tensions between the US and China, optimism for the leading altcoin remains. Ethereum has rebounded nearly 10%, trading just above $2,800, and is above key support levels that could pave the way for record highs in this bullish cycle.

Crypto analyst Ali Martinez emphasizes maintaining the $2,750 support level as crucial for a potential surge to $6,760. Another analyst, Morecryptoonl, signifies the importance of $2,236 for a strong recovery. The Trump family's backing of Ethereum further boosts confidence, despite a recorded loss in their investment.

With ETH trading at $2,819, the market sees a 21% monthly dip, but an influx of ETF investments indicates rising institutional investor confidence, contrasting net outflows from Bitcoin ETFs.

स्रोत: www.newsbtc.com ↗

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