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Ethereum Above $2,500: Here’s Why Analysts Think $3,000 May Be Next

  • Ethereum is trading above $2,500 despite a slight pullback from its recent high above $2,700.
  • Analysts note that Ethereum's momentum appears more subdued compared to Bitcoin's recent surge, leading to questions about its current position in the market.
  • Retail interest in Ethereum has been low, signaling that the rally may still be in its early stages and potential upside remains unpriced by the market.
  • Technical analysts are optimistic about Ethereum, with key resistance turned into support and indications of a move towards $3,000 if Ethereum holds above the $2,400 level.

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