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Ethereum Holds Strong After 58% Monthly Rally, Eyes $3K Despite Pullback

  • Ethereum has surged 58% in the past 30 days and is up 17% over the last week, currently trading around $2,529 after a slight correction from $2,736.
  • Trading volume for Ethereum remains strong at $25.15 billion, indicating active investor participation and ongoing interest in the asset.
  • Key resistance for Ethereum is at $3,100, with support at $2,233 potentially shaping its next move amid its bullish trajectory.
  • Market analysis suggests that Ethereum's bullish momentum is supported by its technical structure, with price targets at $3,063, $3,566, and $4,201, signaling the possibility of further upside.

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