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ethereum breakout sparks optimism for ten thousand dollar target

Ethereum has experienced a significant breakout on its weekly chart, leading analysts to predict a potential bull run with a midterm target of $10,000. The recent surge in price, surpassing $4,000, is attributed to increased ETF inflows and improved market sentiment, alongside a notable rise in active addresses. As Ethereum approaches its previous all-time high, traders remain optimistic about its sustained momentum and further gains.
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