
ETH continues to show strength after Ethereum’s rally above $4,000 and bulls appear to be targeting the 2021 all-time highs under $5,000 and beyond.
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With the spot ETH ETFs approved, traders are confident that Ethereum price is ready to rally well above $4,000.
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Key Ethereum price metrics suggest that ETH’s pause at $3,800 is temporary.
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Ether’s price is up today as traders weigh the possibility of an Ethereum futures ETF launching and a weaker than anticipated inflation print.
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