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What are the factors that affect the recent price performance of Ethereum (ETH)?
Bitcoin has recently shown a strong upward trend, repeatedly attempting to break through the resistance range between 28000 and 28500. Compared to this, Ethereum's performance is relatively weak, with only one attempt to break through the resistance level of 1750
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September 2023: Bitcoin Rises Against the Trend! Outstanding performance in the global market crash attracts attention
Bitcoin rose in September, while many traditional assets suffered significant losses, highlighting the diversified nature of cryptocurrencies. The pressure on the global market seems to be due to rising government bond yields and rising oil prices
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Bitcoin faces a "downside risk", and the poor performance of Ethereum ETFs has left traders feeling frustrated
After the recent price increase, Bitcoin (BTC) may face the risk of short-term reversal, while the dismal performance of Ethereum (ETH) Futures Exchange Traded Fund (ETF) has also put pressure on cryptocurrency giants.In the short term, the risk of Bitcoin falling seems to outweigh the risk of rising Ethereum's bearish performance has hardly boosted people's confidence in top tier tokens
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Ethereum (ETH) ETF prices hover above $1600 after poor performance after launch
Ethereum (ETH) prices have supported a rebound in the trend line and broken through the downward resistance trend line in the past 500 days.After breaking through on September 28th, ETH prices reached a high of $1751 on October 1st, but have since fallen, reflecting the trend in the cryptocurrency market
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See the performance of Ethereum in the past five years by five indicators | Selected Mars
Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance
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Analyzing the Reasons for Ethereum's Recent Strong Performance
Against the backdrop of the successful upgrades of "Shanghai" and "Capella" (Shapella), prices have broken through. The strengthening of bullish sentiment after the upgrade led to the price of Ethereum hitting a new high of $2123 for the year on April 14th