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Ethereum Price Analysis: Can ETH Continue its Run as Major Resistance Levels Approach?

  • Ethereum's price surged above $2,600 but is facing resistance near $2,900.
  • Technical analysis suggests a potential pullback towards $2,200 if the $2,900 resistance holds.
  • On the sentiment side, short liquidations near $2,400-$2,600 indicate a cooling off period for ETH.
  • There may be a consolidation or correction phase before Ethereum's price can witness meaningful continuation.

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