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Ethereum (ETH) Price: Challenges Market Sentiment with Strong Technical Setup

  • Ethereum has shown resilience by maintaining prices above $2,700 while other cryptocurrencies faced downward pressure, with exchange supply reaching an all-time low of 6.38% as investors move assets to cold storage
  • Market intelligence platform Santiment reports increased crowd attention and exchange outflows for ETH, suggesting growing investor confidence
  • Analyst Javon Marks projects a potential 72.1% surge that could take ETH back to all-time high levels
  • A key support level exists at $2,425, backed by 10.33 million wallets holding 62.43 million ETH

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