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Ethereum's breakout against Bitcoin suggests a potential altcoin rally, with higher lows and rising volume historically preceding major gains.
Matrixport highlights Ethereum's ongoing, albeit weakening, uptrend with a predicted $4,355 retest, emphasizing the influence of treasury-company fundraising.
Ethereum faces recurring liquidation risks, particularly on Mondays, impacting its short-term market stability. Analysts warn of the 'Monday Trap' where leveraged longs amplify declines, despite Ethereum's ongoing upward trend.
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