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Ethereum Price Analysis: ETH Rejected at $4K Again, Is $3.5K Next?
- Ethereum faced rejection at the $4K resistance level, indicating the presence of sellers.
- A potential pullback towards the $3.5K support zone is anticipated.
- Technical analysis suggests the formation of a double-top bearish reversal pattern.
- The concentration of liquidation levels near $4K increases the likelihood of a bullish breakout.
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