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Range-Bound Ethereum Sees Volatility – High Timeframe Levels Hold The Key

  • Ethereum remains above $2,500 after a volatile period, facing resistance near $2,800 and struggling for bullish momentum.
  • Analysts see potential for altseason if Ethereum reclaims $3,000, indicating renewed strength and broader rally in altcoins.
  • Price action in Ethereum, similar to Bitcoin, is range-bound and cautious trading prevails until a clear breakout occurs.
  • ETH consolidation continues with key support at $2,100 and major resistance at $2,800, with $2,700 as critical level for sustained rally.

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