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ETH

Ethereum Breaks Below $4,600 — Watch for Support

I see that Ethereum has dropped below $4,600, signaling renewed selling pressure after recent strength.

I am watching for whether this break holds or quickly reverts, because a sustained move below this level could open a path to lower support near $4,200–$4,000.

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Analysis

The drop below $4,600 suggests sellers gained control in the short term; confirm with rising sell volume, on-chain outflows, or negative macro cues. If price fails to reclaim $4,600 quickly, the next ...

Recommendation

I recommend watching price and on-chain metrics for confirmation rather than trading immediately; consider buying on weakness only after signs of accumulation or strong support, or selling/hedging if ...

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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