Ethereum is Coiling Up for a 60% Rally as Bullish Consolidation Begins

Ethereum has entered another bout of sideways trading in the time following its recent rejection at $175, with ETH now establishing some significant support around the mid-$150 region, which is where it has been trading at for the past couple of days.
In the near-term, it does appear that Ethereum is currently trading just a hair above a key long-term support level, with its reaction to this…

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