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Ethereum Hits Highest Level Since 2021 at $4,764

I note Ethereum (ETH) has climbed to $4,764, its strongest level since 2021.

This is a bullish signal that points to renewed momentum, but the move needs confirmation from volume, on-chain flows and options/derivatives positioning.

I will watch for consolidation above key levels or a healthy pullback before increasing exposure.

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Analysis

Reaching $4,764 marks a multi-year high and reflects strong demand, but without confirmation from volume and risk indicators the rally could be vulnerable to profit-taking; on-chain metrics and deriva...

Recommendation

Watch for consolidation or a retracement before acting; consider partial buying on weakness with disciplined risk management rather than chasing the breakout immediately.

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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