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Customized wealth management empowers your assets growth
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Top asset management team helps you profit without hassle
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Ethereum (ETH) has recently seen fluctuations in its price, trading around $3,350 with slight downward momentum. Key highlights include the approval of spot Ether ETFs earlier in 2024, which initially boosted market interest but resulted in modest inflows compared to Bitcoin ETFs.
Technically, ETH has breached resistance levels, indicating bullish sentiment, but faces resistance near $3,650 and $4,090, with support around $3,250 and $2,950. The RSI suggests overbought conditions, hinting at potential short-term corrections.
Overall, ETH's performance reflects cautious optimism amid institutional interest and broader market dynamics.
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