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ETH

Ethereum Hovering Near $4.78k — Watching for Breakout

I'm watching Ethereum as it hovers around $4,780.

The price action looks like short-term consolidation, so I'll wait for a clear breakout or breakdown before changing my position.

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Analysis

ETH's price near $4.78k suggests balance between buyers and sellers; volatility is low and a decisive move above recent resistance or below support will determine the next trend.

Recommendation

I will stay neutral and watch for confirmation; avoid initiating new positions until a clear breakout or consider buying on weakness if key support holds.

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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