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Ethereum Stalls at $2.7K, Broader Recovery Remains Intact

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Ethereum has stalled in its rally above $2.7K after buyers failed to clear key supply between $2.68K, $2.77K.

The crypto and DeFi market's momentum has weakened, leaving it vulnerable to a deeper pullback before another breakout or token-driven rally.

Ethereum's daily chart shows the asset in consolidation after its strong advance from the $1.85K, $1.92K support zone.

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