Ethereum Approaches Key Resistance

Ethereum's value has risen significantly this week, approaching a major resistance level around $2,464.54, which is an important technical threshold to break. If it manages to surpass this barrier and remain above it, the next targets could be higher levels ranging between $2,775 and $2,825, potentially reaching $3,400–$3,450 if bullish momentum continues. Technical indicators suggest consolidation and the possibility of a temporary correction before the ongoing upward movement, with performance influenced by the movements of the dollar and global liquidity. Currently, the $2,200 level remains a key support point, and losing it could weaken the bullish trend and put selling pressure on the asset. The continued strength of Ethereum largely depends on overall market trends, especially the movements of the dollar and bond yields.

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