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Ethereum has surged past the critical $2,850 resistance level, fueling momentum across the broader altcoin market. Analysts suggest this breakout could signal the early stages of a new altseason, with ETH leading the charge. Ryan Sean Adams highlights Ethereum’s rebranding as a yield-generating ‘blue money’ asset, attracting both institutional and retail interest.
- Ethereum's breakout above $2,850 signals potential altseason momentum, with ETH leading altcoin gains.
- Ryan Sean Adams rebrands ETH as 'blue money,' positioning it as a yield-generating global reserve asset.
- Technical analysis shows ETH reclaiming key moving averages, with next resistance at $3,300–$3,600.
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