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ETH

Ethereum Briefly Tops $4,600 — Watch for Momentum Confirmation

I note Ethereum has just hit $4,600 and is trading at $4,604.15. Over the past 24 hours it recorded a modest gain of about 1.01%.

I will watch for follow-through and volume to confirm whether this is a sustainable breakout; traders can find intraday opportunities on exchanges like KuCoin, but I remain cautious without stronger momentum.

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Analysis

ETH's move above $4,600 is a small bullish signal but not yet decisive: the 1% uptick needs supporting volume and a clean break of nearby resistance to indicate continuation rather than short-term con...

Recommendation

I recommend watching price action and volume for confirmation rather than entering a full position now; consider tactical or scaled entries on confirmed momentum or on weakness with strict risk manage...

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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