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Bloomingbit Newsroom

Summary

Omkar Godbole, a CoinDesk analyst, said Ethereum has continued an upward trend after confirming a bear trap.
He noted the daily chart's MACD histogram turned positive, strengthening the bullish signal.
However, he said there may be a need to reconfirm the 3100-dollar range in the short term, and there is a possibility of further upward movement toward around 3510 dollars.

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