Key Reason Why Ethereum Remains in Bullish Trend Explained by Analyst

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Key Reason Why Ethereum Remains in Bullish Trend Explained by Analyst
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The leading altcoin is still in a bullish trend, according to this analyst

As noted by the analyst, the chief altcoin is yet to lose its key realized price level despite a significant correction over the past few months.

The leading altcoin reached its current 2024 peak of $4,065 on March 4, falling short of reaching a new all-time high. Ethereum is currently down nearly 40% from the aforementioned peak.

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