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Ethereum just bounced from its long-term demand zone, but the real battle sits at $3.4k–$3.6k. Until that breaks, bulls are fighting uphill.
Bitmine quietly stacking 3.63M $ETH is the wildcard, sentiment can flip fast when whales move.
If $2.6k holds, $ETH still has a shot at reclaiming momentum. Keeping a close eye on this structure.