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Ethereum (ETH) Faces Consolidation After Reaching $3.4K
- Ethereum (ETH) remains consolidated within the $3.1K range.
- ETH's surge is crucial to bolster the altcoin rally.
- ETH's price failed to continue its upside trajectory and started a downside correction.
- ETH's pivotal moves will decide if it holds its recovery or slips into deeper consolidation.
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