Ethereum Long Positions Continue Rising at a Rapid Rate; Factors to Consider

Ethereum Long Positions Continue Rising at a Rapid Rate; Factors to Consider

Ethereum has been able to maintain its position above $200 despite facing some intense selling pressure earlier this week.
The cryptocurrency is now attempting to generate some upwards momentum as it fast approaches a key resistance level.
Traders do anticipate this level to be surmounted in the days ahead, as its technical outlook has been bolstered by its strong recovery from its recent lows of…

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