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Ethereum Consolidates Below $2,800 After Strong Breakout

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Ethereum's price is currently consolidating after breaking out of the $1,990-$2,000 zone and reaching as high as $2,800.

The daily market structure remains bullish, but a breakout above $2,730 could open the way toward $2,800 or more.

However, if Ethereum's price closes below $2,610, it would weaken the structure and expose $2,550 to $2,580 as the next support zone.

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