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ETH About $100 Short of $5,000 — Watch for Breakout

I noticed hours ago Ethereum traded roughly $100 below the $5,000 mark — a close test of a key round-number level.

That near-miss highlights short-term volatility; I’m watching for a decisive breakout above $5k or a rejection that could prompt a pullback before altering my position.

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Analysis

Being this close to $5,000 indicates market indecision; order-book depth, volume, and on-chain flows will determine whether bulls can drive a sustained move past the round number or if sellers force a...

Recommendation

I’m not acting solely on this snapshot — I recommend watching for confirmation of direction, setting alerts around $5,000, and using position sizing and stop-losses before entering trades.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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