Is the future of Ethereum rising?

The price of $ETH is currently hovering around $1,777, and analysts expect a near-term bullish wave if it breaks the barrier of $1,800.

Support: $1,565

Next resistance: $1,800

Technical indicators: Leaning towards positivity

Fear and greed index: Greed (63)

Potential liquidation of short positions exceeding $317M

Are we on the brink of a new breakout?

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