Ethereum [ETH] Set for Bullish Breakout: Double Bottom Pattern and ETF Update Fuel 5.5% Surge
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Ethereum displays a bullish double-bottom pattern on the 4-hour chart, signaling potential upward momentum. If ETH hits $3,250, it could lead to the liquidation of $1.65 billion in short positions, drawing attention from short sellers. A recent U.S. announcement of a spot Ethereum ETF has further fueled the price surge.
Source: en.coinotag.com ↗
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