Event JSON
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"created_at": 1748259743,
"kind": 1,
"tags": [
[
"r",
"https://bitcoinist.com/ethereum-recovery-in-sight/"
],
[
"subject",
"Ethereum Recovery In Sight: Key Channel Reclaim May Kickstart A Surge To $4,000"
],
[
"published_at",
"1748259050"
],
[
"image",
"https://bitcoinist.com/wp-content/uploads/2025/05/Ethereum-chart-from-Cas-Abbe.jpeg?resize=422%2C420"
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[
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"Ethereum's price has retraced after hitting a new all-time high, but analysts believe it may be preparing for a major upward trend in the coming weeks. Cas Abbe, a Web3 growth manager and crypto analyst, claims that ETH is showing signs of life once again and is attempting to reclaim a pivotal channel, particularly the Gaussian Channel, which historically marked the beginning of a strong spike in price. If ETH is able to reclaim this channel, it could trigger an upswing to $4,000 by Q3 of 2025. Meanwhile, on-chain activity has been improving, with daily contract deployments on the Ethereum network rising to their highest levels since the 2021 bull market."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqmvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qmxle2g\nhttps://bitcoinist.com/wp-content/uploads/2025/05/Ethereum-chart-from-Cas-Abbe.jpeg?resize=422%2C420\nWith Bitcoin retracing after hitting a new all-time high, Ethereum, the second-largest crypto asset, has followed suit and is now trading below the $2,600 level. ETH’s waning performance could be short-lived as the altcoin prepares for a key move that would trigger a major upward trend in the following weeks. Ethereum’s Reentry Into A Bullish […]\nhttps://bitcoinist.com/ethereum-recovery-in-sight/",
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