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Is Ethereum (ETH) Setting Up for a Trend Reversal?
- Ethereum is currently trading at $3,118 and struggling to break above $3.1K.
- The market witnessed a liquidation of $23.93 million in Ethereum.
- Analysts predict Ethereum might explode after breaking above $3.3K, but it needs to surpass $3.1K first.
- The current market sentiment for ETH is neutral, with technical indicators showing a continued bearish trend.
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