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Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details

  • Ethereum active addresses have surged by 36% during its recent price rally, indicating organic demand and market interest.
  • The growth in active addresses suggests a healthy and sustainable price increase for Ethereum.
  • Ethereum's current price consolidates at $4,006, with potential resistance at $4,100 and a pathway to its all-time high of $4,891.
  • Other bullish factors include increased inflows to Ethereum spot ETFs and the anticipated altseason in early 2025.

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