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Analysis: Ethereum Quickly Breaks Through the $2380 Resistance Level, Potentially Initiating a New Rally

2025-05-11 10:01

BlockBeats News, May 11th, according to analyst @ali_charts, Ethereum faced significant resistance at $2380 due to a large number of buy orders, creating a key price level. However, Ethereum has rapidly broken through this resistance level in the past two days, indicating a potential start of a new uptrend.

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