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Ethereum on the small-timeframe level has gone through a round of grinding just below 2300, and it has now once again reclaimed the 2300 level. For today’s move from 2362, this long position has successfully been taken profit on by 70 points.
Although the short-lived bulls have the upper hand, still be sure to watch for the risk of a pullback. Even a rebound of only a few dozen points isn’t enough for the bull run to be firmly back.
#BTC #ETH