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Ethereum Breaks Multi-Year Downward Parabola vs Bitcoin – Bullish Reversal?

Bitcoinist LogoBitcoinist1d ago

Ethereum Breaks Multi-Year Downward Parabola vs Bitcoin – Bullish Reversal? - Bitcoinist

Quick Summary:

Ethereum is breaking out with force, shattering resistance at $1,850 and surging to a high of $2,490 in just a matter of hours, marking a staggering 37% gain.

After months of sideways price action and bearish sentiment, ETH has reentered the spotlight with bullish momentum, fueling hopes across the crypto market for the long-awaited altseason.

After an explosive rally that pushed Ethereum above key resistance at $1,850 and up to a high of $2,490, ETH is now stabilizing as bulls secure support near the $2,500 mark.


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Ethereum Breaks Multi-Year Downward Parabola vs Bitcoin – Bullish Reversal? - Bitcoinist (Picture 1)Ethereum Breaks Multi-Year Downward Parabola vs Bitcoin – Bullish Reversal? - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-10 @ 03:00:54 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 661 words

Reading Time: 4 minutes read

Sentences: 55 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28526144

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Ethereum Breaks Multi-Year Downward Parabola vs Bitcoin – Bullish Reversal?" has 661 words across 55 sentences, which will take approximately 3 - 6 minutes for the average person to read.

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The story "Ethereum Breaks Multi-Year Downward Parabola vs Bitcoin – Bullish Reversal?" was covered 1 days ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 14 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://xinca.beamstart.com/news/ethereum-breaks-multi-year-downward-17468480736126

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