<ul><li>Ethereum has bounced above $2,570 and shows bullish signs with a potential 33% upside target toward $3,577 resistance level.</li><li>The bounce from the 200-day exponential moving average has created a bullish flag pattern indicating possible upward movement.</li><li>The open interest in Ethereum has risen by 2.73% to $32.93 billion, reflecting growing trader participation and position building.</li><li>Despite a short-term risk due to bearish divergence on the RSI, recent liquidations of bearish positions have strengthened the overall bullish sentiment in the market.</li></ul>

Ethereum Forms Bull Flag Pattern With Rally Potential to $3,577

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