Ethereum Faces Short-Term Hurdles, But Long-Term Rally Potential Remains Strong

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Ethereum is currently navigating through challenges but continues to display signs of potential for a rally. With increased open interest and a rising Relative Strength Index (RSI), the market sentiment suggests higher highs and lows are on the horizon. Although a slight dip in Ethereum’s price could occur in the short term, long-term traders stand to benefit, especially if the decentralized finance (DeFi) sector continues to grow and the Federal Reserve eventually cuts interest rates. #Ethereum faces challenges but shows potential for a rally with increased open interest and rising RSI. A slight dip is possible, yet long-term traders might

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