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If You Had Traded on This Analysis…
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ETHUSDT
Entry 4,213.2400 2025-08-09 16:40 UTC
Target 6,000.0000
Fail 3,900.0000
Risk / Reward 1 : 6
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ETHUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis focuses on Bitcoin and Ethereum. Bitcoin is currently trading around $116,700, showing a slight decrease from its peak but still 89% higher than last year. Analysts predict a 14% surge, potentially reaching $134,500, noting a bullish cup and handle pattern. Ethereum has surpassed $4,000 for the first time this year, driven by institutional interest and ETF discussions. Targets range from $6,000 to $8,000 if network activity remains high. It's up over 40% in the last two months. The analysis highlights the impact of allowing 401k retirement plans to invest in cryptocurrencies and discusses spot Bitcoin ETFs. Altcoins are also rallying, with traders seeking higher returns.
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