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Ethereum: Profit-taking stalls potential rally – Will ETH see $4K? Ambcrypto 01 Oct 2024

Ethereum: Profit-taking stalls potential rally – Will ETH see $4K? 💹

Ethereum

Ethereum Futures have experienced a significant surge in volume, increasing by 40%. This indicates heightened interest and activity in the market.

However, despite this increase, profit-taking behaviors among traders are currently hindering a sustained bullish rally.

Market analysts are now debating whether Ethereum has the potential to reach the $4,000 mark in the near future.

Source: ambcrypto.com ↗

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