According to analysts, Ethereum (ETH) has broken above a crucial weekly resistance level, signaling a shift in market sentiment and potentially paving the way for new upward momentum. If ETH can maintain a strong weekly close above this level, there are no major technical resistances for it to break as it heads towards new all-time highs. The broader crypto market is also showing signs of movement, with Bitcoin holding key levels and altcoins rebounding. However, it is important for Ethereum to sustain its new supportive level, as a failure to do so could result in a temporary pull-back.



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