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Ethereum (ETH) has surged past the critical $2,800 resistance, sparking bullish momentum toward $4,000. However, profit-taking pressure near $3,000 could test the rally’s sustainability. Analyst Daan Crypto highlights key levels to watch for ETH’s next move.
- Ethereum's breakout above $2,800 could pave the way for a rally to $4,000 if bulls defend this level.
- The MACD indicator shows bullish momentum, but the overbought RSI warns of potential short-term correction risks.
- Investors are moving ETH off exchanges ($493M outflows), signaling long-term holding confidence amid price gains.
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