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Ethereum Breaks a Year-Long Pattern. The Chart Still Has One Warning

Ethereum records its first higher high in over a year, breaking a major resistance level and re-entering its long-term logarithmic regression band, though daily technical charts flash a bearish divergence warning.

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Cryptocurrency analyst Benjamin Cowen admitted his bearish prediction failed after Bitcoin surpassed $85,000 and triggered a massive short squeeze, invalidating his expectations of an October market bottom.

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