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Ethereum Attempting to Rebound at $2,500

Ethereum is trying to form a bullish rebound around $2,500. ETH’s price action has been neutral throughout the entire month of August, which is very disappointing considering that crypto investors were hopeful for a rally after the recent ETF listing. ETH’s failure to rally is definitely hurting the rest of the Altcoin market as well.

Ethereum ETFs continue to experience net outflows.

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