$ETH Ethereum's price is balanced between a bull and bear market. Analysts monitor support and resistance levels to predict trends. Crypto Patel's Fibonacci analysis suggests a potential drop to $661, but historical bull markets have rebounded from this level. Whales are accumulating ETH at record levels, signaling a supply shock. Short-term targets are $3,500-$4,000, with long-term goals at $10,000. BlackRock's ETH ETF could boost the market by 92%. Analysts have differing views, but both recognize ETH's potential. Market trends and informed decisions are crucial. Ethereum's future is uncertain, but its potential is undeniable. Price fluctuations will continue.
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