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#ETHReclaims4700 ๐ What Does It Mean? In crypto trading, the term โreclaimโ means when the price falls below an important support or resistance level, and then successfully moves back above it. ๐ For Ethereum (ETH), if the price drops below $4700 but later closes and sustains above this level again, we call it a 4700 reclaim. โ This usually signals that buyers are back in control and the market may turn bullish. โ ๏ธ But remember: reclaim alone is not a guarantee of a big rally. Always check trading volume, overall market sentiment, and Bitcoinโs price movement before making decisions. ๐ก Tip: Professional traders often wait for confirmation candles and strong support before entering a trade.
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