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Ethereum Flashes Bullish Morning Star Candlestick Pattern – Is ETH Rally Getting Started?

  • Ethereum has gained 37.7% in the past month but remains 33% below its June 2024 levels.
  • ETH shows potential breakout with a bullish Morning Star candlestick pattern on the monthly chart.
  • Growing interest from institutional investors and increasing ETH staking activity supporting bullish momentum.
  • Analysts emphasize the importance of the $2,550 support level for ETH's bullish trajectory, predicting targets of $2,650 and $3,800.

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