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Latest Ethereum (ETH) Market Analysis
Looking back at yesterday's market trend, Ethereum formed a bullish line at the close, but the long upper shadow indicates significant selling pressure above. The favorable CPI data released last night brought confidence to the longs, pushing the price briefly above $3600. However, the short selling pressure is equally strong, and the price was pulled back below $3600 during the night. Nevertheless, the longs maintained support at $3500 during the night. The daily chart currently shows intense competition between longs and shorts. Yesterday's long shadow a
Looking back at yesterday's market trend, Ethereum formed a bullish line at the close, but the long upper shadow indicates significant selling pressure above. The favorable CPI data released last night brought confidence to the longs, pushing the price briefly above $3600. However, the short selling pressure is equally strong, and the price was pulled back below $3600 during the night. Nevertheless, the longs maintained support at $3500 during the night. The daily chart currently shows intense competition between longs and shorts. Yesterday's long shadow a
ETH2.17%
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