Technical Analysis:
Ethereum (ETH) is currently trading near a strong support level, presenting a potential buying opportunity on lower time frames. On the daily chart, ETH is approaching the 0.618 Fibonacci retracement level, which is often considered a significant support zone, or "golden zone." This suggests that there may be a favorable chance for a potential upward move from this point. Traders might consider looking for buying opportunities at this level to capitalize on possible further upside momentum.
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