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Market Update: ETH Breakout Potential Ahead
Recent trading calls highlight bullish sentiment on Ethereum. A prominent trader is positioning for a substantial ETH breakout, currently sitting flat after securing modest gains. Rather than chasing shorts, technical indicators are aligning to identify the next strong entry point. The ongoing consolidation is being viewed as a typical accumulation phase that often precedes major price moves. Traders monitoring the space are watching for a potential setup to emerge from this market chop.