Sun Yuchen's 'Ethereum Sell-off' Rumor Dispelled! Is a $4,000 ETH Breakthrough on the Horizon?

The rumor of 'Sun Yuchen selling Ethereum,' which caused a huge stir in the market, has finally been refuted! Sun Yuchen personally clarified that the so-called large transfers were merely routine wallet operations and not asset liquidations. Meanwhile, Ethereum has shown a strong rebound, breaking through the $3,400 mark and signaling a strong bullish trend.

Crypto expert Jaffon Max pointed out that a classic 'Adam and Eve' double bottom pattern is forming on the ETH chart, suggesting that the ETH price could potentially break through the $4,000 threshold, with bullish momentum becoming increasingly evident. Ali Martinez also added that if ETH can consistently break through the resistance level of $3,640, it will further consolidate its upward trajectory.

The strong rebound of Ethereum is just the prelude, and the market's future remains full of opportunities. If it breaks through key price levels, ETH will welcome a new wave of frenzy. Hold on tight, a bull market may be just around the corner!

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