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Ethereum Sentiment Dips Among Retail Investors, Yet A Breakout Looms

  • Retail sentiment toward Ethereum (ETH) remains weak, but analysts suggest that a significant breakout could be on the horizon.
  • Weak retail sentiment may present a buying opportunity for institutional investors, positioning them for the next bullish cycle.
  • Potential catalysts for a breakout include the approval of an Ethereum ETF and the upcoming Pectra update.
  • On-chain indicators and technical patterns indicate that Ethereum might be nearing the end of its bearish cycle.

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