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Ethereum, the largest layer-1 blockchain, has lagged behind other major blockchains like Bitcoin and Solana. It has fallen by 5% over the past 12 months, while Bitcoin and Solana have surged by over 70%.


Ethereum has also lost market share in several sectors, including decentralized finance, meme coins, and non-fungible tokens. This trend has impacted many Ethereum-based tokens, which have underperformed as investors shift their focus to assets within the Solana ecosystem.
Ethereum is likely to surge to $4,000, as the coin has formed an ascending triangle pattern on the two-week chart. This pattern is characterized by a horizontal resistance level and a diagonal trendline composed of higher highs and higher lows.
A strong bullish breakout will be confirmed if Ethereum surpasses the $4,000 resistance level. A sustained breakout above this price could increase the likelihood of Ether reaching $5,000 in the long term.
#ETH# #BTC#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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TerryDavisvip
· 02-23 11:59
Ethereum to the moon soon.
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Ryakpandavip
· 02-23 01:45
Hold strong 💎
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Miss_1903vip
· 02-22 19:43
Thank you for the information 🤗🍀
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KatyPatyvip
· 02-22 18:32
Watching Closely 🔍
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Szerovip
· 02-22 17:59
HODL Tight 💪
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