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Ethereum has surged past the $4,300 mark, gaining strong momentum with a 24h rise of +6.7%. ๐ This breakout is supported by increasing DeFi activity, ETF speculation, and a steady rise in staking deposits.
Technical charts show ETH holding above key resistance, now turned support, with buyers dominating order books. If bullish pressure continues, the next targets could be $4,450 and $4,600.
๐ Market Outlook:
Support: $4,280 โ $4,300
Resistance: $4,450 โ $4,600
Trend: Strong bullish breakout
๐ก Pro Tip: Traders should watch for retests of $4,300 as a buying opportunity and monitor BTCโs movement for overall market direction.