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Ethereum Historical Pattern Hints At Potential $10,000 Surge – Analyst

  • Prominent crypto market analyst Ted Pillows predicts Ethereum could surge to $10,000, based on historical patterns and an ascending channel analysis.
  • Pillows highlights a multi-cycle ascending channel dating back to 2017, suggesting potential explosive market gains for Ethereum.
  • Despite Ethereum's recent 1.21% price increase, it remains in a corrective trend after a 9.3% decline in the past month.
  • Ethereum network fees rose by 130% to $10.26 million weekly, and exchange withdrawals of $293 million indicate strong market confidence.

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