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Ethereum remains strong above $4,200 but faces resistance at $4,500, leading to market uncertainty. Institutional demand for Ethereum is rising, with Bitmin accumulating $65.3 million ETH. This accumulation signals confidence in Ethereum’s future growth and dominance in institutional portfolios. Ethereum is consolidating around $4,406, struggling to break above $4,500 due to selling pressure. The key support level is $4,280, with resistance at $4,500. A break above $4,500 could lead to $4,700-$4,800, while failure at support may drop to $4,200.
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