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Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore

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Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore - NewsBTC

Quick Summary:

Ethereum Price Signals Potential Recovery Phase Ethereum has been attempting to reclaim the $2,800 level for the past few days, with bulls struggling to confirm a recovery rally into higher supply zones.

While price action remains sluggish, Jelle’s analysis highlights that Ethereum is still holding critical levels, which could lead to a strong move upward.

Related Reading: Ethereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst Market sentiment remains divided, with one side expecting a prolonged consolidation or further correction, while the other believes ETH is on the verge of a breakout.

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Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore - NewsBTC (Picture 1)Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-21 @ 15:30:08 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 653 words

Reading Time: 4 minutes read

Sentences: 73 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26320581

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://chronographically.beamstart.com/news/ethereum-holds-key-support-analyst-17401526367437

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