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Ethereum Skyrockets Above 2300 as Altseason Momentum Builds

  • Ethereum surged above $2,300, indicating a potential altseason resurgence in the crypto market.
  • $92M in ETH was withdrawn from exchanges, and $32M was allocated by the Ethereum Foundation for ecosystem growth, showing increased institutional support.
  • Key technical levels like $2,285 were reclaimed by Ethereum, along with bullish signals from RSI and Bollinger Bands.
  • ETH's price rally, supported by institutional interest, on-chain resistance clusters, and a $32 million investment commitment, signals a positive outlook for Ethereum's future.

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