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Mohamed-Abdalla
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Бичи
$ETH Potential for a Historic Breakout: A Repeat of 2021?
The chart on the left (2018-2022) highlights a significant breakout in 2021, where Ethereum breached a major resistance level, triggering a strong rally to new all-time highs.
On the right (2022-2026), Ethereum appears to be forming a similar pattern.
The price is once again approaching a key resistance level near $5,000.
If this level is decisively broken, it could signal the start of another major rally, similar to what we saw in the previous cycle.
This technical setup suggests that Ethereum may be on the verge of a breakout, which could lead to a strong Altcoin Season as market momentum builds.
Traders and investors should monitor this resistance level closely, as history often repeats itself in the crypto market.
The chart on the left (2018-2022) highlights a significant breakout in 2021, where Ethereum breached a major resistance level, triggering a strong rally to new all-time highs.
On the right (2022-2026), Ethereum appears to be forming a similar pattern.
The price is once again approaching a key resistance level near $5,000.
If this level is decisively broken, it could signal the start of another major rally, similar to what we saw in the previous cycle.
This technical setup suggests that Ethereum may be on the verge of a breakout, which could lead to a strong Altcoin Season as market momentum builds.
Traders and investors should monitor this resistance level closely, as history often repeats itself in the crypto market.
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