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Ethereum peak vs. Bitcoin repeat high tests

I note that Ethereum's last peak was in November 2021 at 4,891 USDT. Since then, Bitcoin has attempted to retest its previous highs many times — I count at least ten tests.

This pattern suggests persistent resistance at former highs and a market that has been range-bound with repeated rejection attempts, which affects timing and risk for both ETH and BTC positions.

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Analysis

Repeated high tests by Bitcoin indicate sellers defending prior peaks and market indecision; Ethereum failing to reclaim its Nov 2021 ATH likewise signals consolidation and correlation-driven dynamics...

Recommendation

This is an observational point — avoid aggressive longs until a decisive breakout above prior highs with volume, and monitor resistance retests for signs of exhaustion or a confirmed breakout before i...

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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