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It's been a bullish start to the week, with Ethereum reaching a new all-time high on Monday. Avoiding the pivot levels for the week would support a breakout week ahead.
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The Ethereum 2.0 Altair Beacon Chain update got off to a good start, with 98.7 percent of nodes upgraded at the time. The transition to a proof-of-stake consensus mechanism was a significant step toward the Merge.
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With Bitcoin reaching a new high above $67,000, market participants were now waiting for the world's largest altcoin, Ethereum, to achieve a similar result.
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The crypto market cap surpassed $2.650 trillion for the second time in a row as BTC, SOL, ETH,BNB, and other altcoins surged in a single day
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Following Bitcoin's rally to a new all-time high, Ethereum broke above $4,000. The question is whether an ATH for ETH is also on the way.
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After breaking through the major resistance price area of $3,600, Ethereum (ETH) surged 10% in a row. This was now the first significant level of support.
It's been a bullish start to the week, with Ethereum reaching a new all-time high on Monday. Avoiding the pivot levels for the week would support a breakout week ahead.
