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$ETH has been showing clear weakness against both $BTC and altcoins for over two weeks now.
This is the third time we are retesting the 0.75 Fibonacci level. The previous two tests saw a perfect reaction from the bulls. The question is, will history repeat itself?
If buyers fail to reclaim the QO zone soon, the entire rally that started in early April could lose all its meaning. The structure is fragile, and the clock is ticking.
Come on bulls, time to show up and do something. The market is watching.
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