Elaouzi
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Ethereum's price seems to be recovering, but there is significant underlying risk.
After Ethereum's price approached its all-time high of $4,878 just a few days ago, it is now trading below $4,300. Despite this decline, it has maintained a strong monthly gain of 15.3%, showing some resilience.
While many short-term traders rush to buy stocks when they dip, things do not look good for short-term traders. A major bearish signal has started to appear on the four-hour chart.
While many short-term traders rush to buy stocks when they dip, things do not look good for short-term traders. A major bearish signal has started to appear on the four-hour chart.
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