Event JSON
{
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"kind": 1,
"tags": [
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"r",
"https://crypto.news/heres-why-ethereum-price-may-be-primed-for-rebound/"
],
[
"subject",
"Here’s why Ethereum price ‘may be primed for rebound’"
],
[
"published_at",
"1739267029"
],
[
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"https://crypto.news/app/uploads/2024/11/crypto-news-is-Ethereum-dying-option01.webp"
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[
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"Ethereum's price has dropped to levels that usually signal a rebound, according to Matrixport. The Relative Strength Index is showing signs of oversold conditions, which often point to a potential price recovery. However, short interest in Ethereum has surged by 500% since November 2024, and has jumped another 40% in the past week. This could set the stage for a short squeeze, which might push the price higher. Despite the positive technical signals, the mood around Ethereum remains cautious."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2024/11/crypto-news-is-Ethereum-dying-option01.webp\nEthereum’s recent price decline suggests a potential rebound, with technical indicators hinting at oversold conditions. Ethereum’s (ETH) price has dropped to levels that usually signal it might be ready for a rebound, blockchain firm Matrixport says. In a Feb. 11…\nhttps://crypto.news/heres-why-ethereum-price-may-be-primed-for-rebound/",
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