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Ethereum Price Breaks $2,700 for First Time in Weeks, Altcoin Rally Ahead?

  • Ethereum's price surpasses $2,700 for the first time in weeks, marking a 6.2% daily surge and 17% monthly gain.
  • Analysts predict a possible altcoin rally as Ethereum leads the market and flips key resistance levels into support.
  • Institutional interest in Ethereum is growing, indicated by rising CME futures open interest and positive inflows in Spot ETH ETFs.
  • The next 72 hours are crucial for Ethereum's performance, with the potential to confirm the start of an altseason if momentum is maintained.

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