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Trader Journals:::2026-05-10T04:41:29

#Ethereum chart analysis

#Ethereum chart analysis

The price of #Ethereum continues to trade sideways. Yesterday we tested the lower boundary around 2255 and got a bounce. So I assume that next we will see an increase towards the opposite boundary of the current range around 2425. I expect increased volatility next week and a breakout of the price from the current boundaries, as a vote on the Clarity bill, which will regulate the crypto industry, has been announced. Against this background, significant movements on the chart can be expected, especially since accumulation has been ongoing for about three months, indicating that we have the necessary trading volumes for a good move.
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