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by: xpoolPosted on: June 12, 2025

Ethereum Breaks $4,700 Resistance: Bullish Momentum Fuels Potential Extension

Ethereum has achieved a significant milestone, breaking past the $4,700 resistance level. This surge is driven by strong technical momentum and institutional interest in Ethereum as a core financial infrastructure player. The bullish movement comes after liquidations of short positions clearing above $2,600, paving the way for further price gains.

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