The price of Ethereum has been relatively slow compared to Bitcoin's recent rise, trading at around $3,943 while Bitcoin reached above $106,000. However, some analysts see signs of strength and potential growth for Ethereum. Analysts suggest that Ethereum's ability to hold above key resistance levels is a bullish indicator, with predictions that the cryptocurrency could soon surpass its all-time high of $4,878. Nonetheless, there have been a significant number of liquidations among traders, totaling $53.12 million for Ethereum alone, indicating over-leverage and potential losses due to the recent price action.



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