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Increase in purchases against the backdrop of the reversal of monthly candles to bullishYesterday, weakly positive statistics for the dollar were released, which has allowed the smooth bullish trend of the second half of the week to continue, increasing the likelihood of a reversal of monthly candles to bullish for many coins, similar to Bitcoin. If the increase in purchases continues over the weekend, one can expect a rise to 2500 for Ethereum with an attempt to test 2750. If this current week closes bullish and above 2500, further purchases are likely on Monday, continuing the momentum of this week; however, one should prepare for a new wave of sales to address the bearish signals left yesterday.

Increase in purchases against the backdrop of the reversal of monthly candles to bullish

Yesterday, weakly positive statistics for the dollar were released, which has allowed the smooth bullish trend of the second half of the week to continue, increasing the likelihood of a reversal of monthly candles to bullish for many coins, similar to Bitcoin. If the increase in purchases continues over the weekend, one can expect a rise to 2500 for Ethereum with an attempt to test 2750. If this current week closes bullish and above 2500, further purchases are likely on Monday, continuing the momentum of this week; however, one should prepare for a new wave of sales to address the bearish signals left yesterday.
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