Ethereum is gaining strength with 3 key signs pointing to potential further upside:
- *Strong Technical Support*: Ethereum maintains bullish momentum above $3,400, with increasing buy-side pressure and multiple indicators suggesting further upside potential.
- *Accumulation and Institutional Demand*: Growing institutional capital inflows and strong accumulation signals indicate a potential broader bullish period.
- *Breakout Potential*: A decisive break above the $3,900-$4,000 resistance zone could open the door to $4,250 and potentially $4,600 if momentum strengthens.
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