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Ethereum Faces Key Test at $2,800 Resistance
- $2,800 has acted as both support and resistance for Ethereum, triggering significant price swings when broken.
- Current approach to the $2,800 level is crucial for Ethereum's near-term direction.
- Historical price action suggests successful breaks above $2,800 accelerate bullish momentum.
- Market awaits confirmation as a break above $2,850 could ignite a rally for Ethereum.
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