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Ethereum’s price has surged over 37% this week, reaching a peak of $2,600, marking its strongest 3-day rally since May 2021. This upward trend is largely attributed to the recent Pectra network upgrade, which enhances Ethereum’s functionality and efficiency.  Investor confidence is further bolstered by significant institutional interest, exemplified by Abraxas Capital’s acquisition of 185,309 ETH valued at approximately $400 million.  However, traders should remain cautious. If Ethereum’s price falls below $2,400, it could trigger liquidations totaling $1.12 billion on major exchanges. Conversely, surpassing $2,600 may lead to $818 million in short liquidations, potentially driving prices higher.   In summary, Ethereum is currently exhibiting strong bullish behavior, supported by technical upgrades and institutional investments. Nonetheless, market participants should be aware of potential volatility and key price thresholds that could influence short-term movements. $ETH
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Ethereum’s price has surged over 37% this week, reaching a peak of $2,600, marking its strongest 3-day rally since May 2021. This upward trend is largely attributed to the recent Pectra network upgrade, which enhances Ethereum’s functionality and efficiency.  Investor confidence is further bolstered by significant institutional interest, exemplified by Abraxas Capital’s acquisition of 185,309 ETH valued at approximately $400 million.  However, traders should remain cautious. If Ethereum’s price falls below $2,400, it could trigger liquidations totaling $1.12 billion on major exchanges. Conversely, surpassing $2,600 may lead to $818 million in short liquidations, potentially driving prices higher.   In summary, Ethereum is currently exhibiting strong bullish behavior, supported by technical upgrades and institutional investments. Nonetheless, market participants should be aware of potential volatility and key price thresholds that could influence short-term movements. #ETHCrossed2500
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🔮 Price Predictions $BTC • Short-Term Outlook: Analysts project that if Bitcoin maintains its current momentum and breaks above the $103,700 resistance, it could target $105,000 in the near term.  • Mid-Term Forecast: Predictions for the coming week suggest a gradual increase, with BTC potentially reaching $108,000 to $110,000, provided it stays above the 9-day Simple Moving Average.  • Long-Term Projections: Some experts foresee Bitcoin reaching $117,000, citing strong market momentum and institutional interest. #btc $BTC
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📈 Market Overview • Current Price: $0.2236 USD • 24-Hour Change: +8.2% • Intraday High: $0.2296 USD • Intraday Low: $0.2018 USD • 24-Hour Trading Volume: $2.42 billion • Market Cap: $33.69 billion #AltcoinSeasonLoading #AltcoinSeasonComing $DOGE
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The settlement has bolstered investor confidence, with analysts suggesting that XRP could reach $3.90 in the near term. Some projections are even more optimistic, citing potential price targets of $6.50 to $10, driven by factors such as institutional adoption and favorable technical indicators. $XRP
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