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Ethereum Eyes $2,544 Breakout—but a Death Cross Threatens to Derail the Rally

  • Ethereum is on the verge of a potential breakout past $2,544, but a death cross warning poses a threat to the rally.
  • Strong fundamentals, such as staking and institutional inflows, may mitigate bearish risks and support long-term growth.
  • The death cross, if confirmed, could hint at a shift to a bearish trend if Ethereum fails to surpass $2,544, potentially leading to a decline in price.
  • Despite the technical concerns, recent developments like the Dencun upgrade and institutional inflows contribute to Ethereum's positive momentum.

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