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Ethereum Consolidates Below $2,800 – Bulls Need This Level To Trigger Next Leg Up

  • Ethereum remains resilient above $2,500 amidst market volatility, signaling a potential move into higher territory.
  • Top analyst Ted Pillows suggests Ethereum consolidating within a defined range could lead to a breakout towards the $2,800–$3,000 region.
  • Despite ongoing macroeconomic pressures, ETH continues to hold firm, building momentum as bulls defend key support levels.
  • Ethereum is approaching a pivotal phase where a breakout above $2,800 could trigger a bullish trend, while failure to breach resistance may lead to further consolidation.

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