<ul><li>Ethereum (ETH) has shown significant gains of 29% between May 8 and May 9, marking the end of a 10-week bear market that hit its lowest point at $1,385 on April 9.</li><li>ETH is currently trading at $2421, up 3.12% in the last 24 hours and 32.12% in the past seven days. The market capitalization is at $291.69 billion with a volume of $29.93 billion.</li><li>If the bullish momentum continues, ETH could test resistance levels at $3947 and $4420.8, while potential support levels are at $2413.4 and $1939.7, as per Trading View data.</li><li>Community sentiment data from CoinMarketCap shows that 80% of traders anticipate short-term gains, reflecting a bullish market outlook. TradingView Technicals signal a strong buy position with neutral oscillators and strong buy moving averages.</li></ul>

Ethereum Rally Continues With Bullish Targets Above $3,900 in Sight

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