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Here’s What Needs to Happen for ETH to Break its All-Time High Soon: Ethereum Price Analysis
As we’ve seen the Ethereum (ETH) price recently approach the pivotal $4,000 resistance level, many investors are eagerly anticipating a potential breakout that could propel it toward new highs. However, it is essential to analyze the current market conditions and identify crucial factors that need to align for this event to unfold.
Firstly, it is crucial that ETH breaks above the $4,000 level in the coming days, as any failure to do so could lead to a retest of the $3,500 support area. This would be a significant psychological barrier for investors and may result in further selling pressure.
Source: cryptopotato.com
