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Muzammil Web3
$ETH BREAKOUT SETUP
ETH is back around $2.67K, and the real battle is now near $2.75K–$2.80K
The interesting part: leverage has cooled, with ETH open interest falling to its lowest level since March, while ETF flows recently turned negative
For me, a clean daily reclaim above $2.80K would change the structure and put $3K back in focus
Until then, I’m watching the range — not chasing the breakout
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