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ethereum rebounding?? 🚀 whales buying, negative flow📉, bullish divergence📈 – $4.5k incoming or $
wHo lEt tHe bUlls out 🚀🐂?!
whY doN’T i oWn eTh
ethereum’s bounce back linked to whale activity, positive exchange flow: potential breakout at $4,181 with $4.5k target, but downside
**Key takeaways:**
– Ethereum surged 4.82% due to increased whale purchases, negative net exchange flow, and bullish divergence.
– If Ethereum breaks above the 50-day MA at $4,181, it might reach $4.5k; however, it could drop to $3,819 due to macroeconomic factors.
**Ethereum’s Recent Performance:**
– Trading at $4,061, Ethereum saw a 4.82% increase with a 71% rise in trading volume, showing heightened on-chain activity.
– Ethereum is in an ascending channel above its long-term EMA since hitting a low of $3.6k.
_Continued…_
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