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Ethereum Technical Analysis Report – 10th December 2024
- Ethereum faced rejection at $4,094 on December 6, indicating strong bearish resistance.
- The price is at risk of retreating towards the 20-day EMA ($3,633), a critical support zone.
- Inflows into Ethereum-focused investment products reached a record $1.2 billion, showing growing demand for Ethereum.
- ETH is currently trading at $3,662.
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