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Triple Bottom Formation: Is Ethereum Set For Major Upswing In Q4?

  • The cryptocurrency market surged in anticipation of the Federal Reserve's interest rate cut announcement.
  • Historical data shows that Ethereum has experienced significant gains in the fourth quarter after previous Bitcoin Halving events.
  • Despite recent price fluctuations and lower support levels, an analyst identified a 'triple bottom' formation on the ETH/USDT daily chart, suggesting a potential rebound.
  • Key levels to monitor for Ethereum include the $2,260 support level and the $2,350 resistance level.

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