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The Ethereum price shows a strong bullish setup, with buyers stepping in after rebounds, indicating potential upward movement. A key resistance level poses a hurdle, but the analyst anticipates explosive moves to higher targets. Ethereum forms a Triple Bottom model, signaling weakening downward pressure and potential for a strong rally. A $4,540 resistance level is crucial to break for a quick path to $5,000. Traders await a breakout to confirm bullish momentum.
Source: newsbtc.com/news/ethereum/ethereum-price-clear-5000/
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