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Ethereum Price Prediction: Is ETH About to Take a Dive?

  • Ethereum (ETH) is approaching a major monthly demand zone with liquidity building below, indicating a potential upcoming move.
  • There is a supply zone on the H4 timeframe that could act as a short-term rejection point before a possible drop in price.
  • Scenarios suggest a downward movement before any significant bullish continuation, emphasizing the uncertainty in the market.
  • While the situation indicates a potential drop, nothing is certain as asset movements can always vary. Patience and caution are advised in this volatile market.

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