A five-point breakout structure indicative of gold supports a bullish case for Ethereum. If the trend continues, it may surmount resistance levels and surge between $5,000 to $6,000 in the future.
Ethereum’s recent performance shows it outpacing the broader market, particularly benefiting from fading interest in Solana. Recent institutional interest adds to its optimistic outlook with substantial inflows noted in Ether-focused investment funds.
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