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Ethereum Reclaims $2,000 as Analysts Split on Double Bottom, RSI, and Key Support Levels
Ethereum climbed from $1,800 to above $2,000 within 24 hours, even as it remains roughly 30% lower over the past month and far below its near-$5,000 all‑time high. Some analysts see a potential rebound from a five‑year demand zone and rising whale accumulation, while others warn that a drop below support around $1,800 could open the door to deeper losses. With market cap near $237 billion and the RSI now above 70, traders are debating whether the latest move marks the start of a recovery or just another temporary bounce.