Ethereum's price surged by about 13% last week, reaching a high of nearly $2,546 before consolidating around $2,450.
The asset has entered a technical bull flag pattern with resistance between $2,500 and $2,550, suggesting the next move depends on breaking above this level.
Momentum is strong but overextended, with daily RSI above 75, indicating possible short-term consolidation or pullback.
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