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Ethereum Still Battling with $2.7K – $2.8K Resistance

Ethereum continues to struggle with this resistance zone. ETH is trading near the lower end of this zone around $2,682.96. There needs to be a convincing break above $2,862.93 for ETH and Altcoins to see some upside. Yesterday was the first day where Grayscale ETF did not sell, snapping a 14-day streak of outflows. If Grayscale also stops selling over the next few days there could be some upside for ETH.

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