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Is Ethereum Ready To Break Out? Key Indicators Suggest Strong Market Confidence

  • Ethereum (ETH) has positive indicators suggesting strong market confidence despite lagging behind Bitcoin in price action.
  • Technical indicators show steady accumulation of Ethereum by traders and long-term holders.
  • The Estimated Leverage Ratio for Ethereum remains at elevated levels, indicating sustained appetite for risk.
  • Funding rates, premiums, and institutional inflows hint at a bullish trend for Ethereum.

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