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$ETH experienced significant volatility. The cryptocurrency's price ranged between an intraday low of $1,477.21 and a high of $1,608.68, ultimately settling at approximately $1,568.65 by the end of the day. This represents a modest increase of 3.94% from the previous close. Earlier in the week, ETH had declined to a low of $1,410, prompting concerns among investors. However, the recent rebound suggests a potential stabilization. Analysts are closely monitoring the $1,500 support level, as maintaining this threshold is considered crucial for Ethereum's short-term performance.

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