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Ethereum Breaking Above the Threshold—Here’s Only When it May Form A New ATH in 2024

  • The Ethereum price has surged over the psychological barrier of $4000, indicating a positive market sentiment.
  • Whales have been accumulating Ethereum, with a rise in wallets holding at least 100K ETH.
  • The Ethereum price rally suggests the possibility of a new all-time high (ATH) above $5000.
  • The weekly chart and bullish indicators indicate Ethereum's potential to form new highs, likely before the end of 2024.

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