Ethereum (ETH) shows strong upward potential, with a projected rise to $12,000, supported by key resistance levels at $4,000-$6,000 and $8,000. Maintaining above $2,500 and $3,000 is crucial for a 10.73% growth in five days. Recent technical indicators suggest a bullish breakout, with ETH surpassing a descending resistance trendline. Despite a -6.90% drop in the last 24 hours and a -23.43% decline over the past week, ETH's market cap stands at $261.35 billion, with a daily trading volume of $39.72 billion. Investors remain optimistic, but falling below $2,500 and $3,000 could slow short-term growth.
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