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Can Ethereum Maintain its Bullish Trend Above $1,800?

  • Ethereum is trading at $1,840 with a slight 0.2% increase, maintaining position above $1,800 with $7.63 billion in volume.
  • Speculation suggests ETH may reach $2,000 if it surpasses resistance at $1,900, with nearly 4 million short-term holders potentially triggering price rallies.
  • Technical analysis indicates bullish momentum, with predictions of a 120% surge towards $2,500, setting the stage for a potential longer-term rally to $4,000.
  • Growing activity among short-term holders and increasing confidence from long-term holders point towards a possible extended uptrend for Ethereum.

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