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Analysis: Technical indicators such as RSI and whale movements may suggest that ETH is hitting $4,000

ETH has gained 7.5% in the past week, showing momentum towards the $4,000 mark. The gold cross, bullish technical indicators, and the RSI (Relative Strength Index) currently at 63.6 suggest that ETH has the potential to continue rising. However, the market is still at a critical juncture where support and resistance levels will determine its course. Whale activity is a key factor in the dynamics of the Ethereum market, which was recently released in early January.

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2025-01-06 14:57:56