Ethereum in Ascending Channel: Risk at $3,000, Upside to $3,500
Quick Look: Bullish Channel: Ethereum is in an ascending price channel, indicating potential upward movement. Critical Levels: Watch for potential breakdown if it fails to hold $3,000, risking a fall towards $2,700. Market Sentiment: A recent 7.8% drop and a decrease in open interest point to cautious market behaviour. Ethereum, the second-largest cryptocurrency by market …
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