The article discusses the recent recovery of Ethereum (ETH) after a decline caused by the Bybit hack. Despite the bounce back, ETH is still down 18% over the past 30 days. The article highlights the rebound in ETH's Relative Strength Index (RSI), indicating renewed buying pressure and improving market sentiment. The increasing number of Ethereum whales, addresses holding at least 1,000 ETH, suggests growing interest and accumulation among large investors. This accumulation could provide a solid foundation for ETH's price to rise further. The article also mentions the potential formation of a golden cross, which signals a bullish trend and upward momentum. However, ETH has struggled to reclaim levels above $2,900, indicating possible resistance. If it fails to break through and a downtrend begins, ETH's price could potentially test the $2,551 support level.



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