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Ethereum Price Prediction: Can ETH Reach $7,000?
- Ethereum (ETH) has faced multiple price corrections after reaching an all-time high of $4,878.
- ETH is currently trading around $1,967, in a prolonged downtrend.
- Technical indicators suggest that Ethereum might be nearing a short-term bottom, setting the stage for a potential recovery.
- For ETH to reach $7,000, it would require a major macroeconomic shift or significant fundamental catalysts.
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