Ethereum nearing key resistance level: Currently close to 4,100 USD, if Ethereum breaks this level, analysts predict a rise towards 4,867 USD and potentially 6,110 USD, signaling strong market confidence.
Technical support levels favorable: Fibonacci retracement shows support at 3,375 USD and 2,532 USD, reducing downside risk. Maintaining above 2,110 USD is essential to remain bullish.
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