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Can Ethereum Hold Its Ground Above $3.5K?
- Ethereum (ETH) holds strong support above $3,500 despite sell-offs, exhibiting bullish momentum.
- Analysts identify $3,890 as a resistance level, while potential upside targets are around $4,000.
- ETH's monthly average sell-off reached $400 million, indicating comparable pressure to the previous cycle's peak.
- US spot ETH ETFs experience consistent inflows, supporting the bounce above $3,500.
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