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Will Ethereum (ETH) Hold the $3K Line or Drop Below?

  • Ethereum (ETH) trades at $3.1K, experiencing a 2.30% loss in the last 24 hours.
  • The market saw a liquidation of $90.57 million in Ethereum.
  • Ethereum has surpassed the $3K resistance, potentially leading to a bullish rally and fueling the altcoin season.
  • Technical indicators suggest a possible upside rally for ETH, but if it fails to maintain bullish momentum, a downside correction may occur.

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