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Why Is Ethereum Price Up Today? Will ETH Rally to $4.5k Next?

  • The Ethereum price has reached a new 9-month high and is approaching the $4,000 mark.
  • Technical indicators suggest a bullish sentiment, indicating a potential rise towards a new 52-week high.
  • The increased adoption of ETFs and rising bullish sentiment may lead to ETH achieving a new all-time high this month.
  • If the bullish sentiment continues, the Ethereum price may retest the $4,100 resistance level and potentially reach $4,500.

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