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Ethereum is trading around $2,950 while on-chain activity hits record levels with nearly 2.9M daily transactions and low network fees. Strength against Bitcoin and steady accumulation suggest ETH may be building a base for a long-term upside toward higher price zones.

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Transcript
00:00Ethereum Price Outlook 2026, Weak Phase Signals Potential Upside
00:04ETH trades near $2,950 as network usage hits record 2.9M daily transactions with low fees.
00:12Key Short-Term Support Zones, $2,960 to $2,940 and $2,920 to $2,900.
00:20Resistance, $3,050 to $3,120.
00:24ETH is showing strength against Bitcoin, forming higher lows and signaling steady accumulation.
00:30The long-term trend remains intact, accumulation near $1,800 could set the stage for upside toward $10,000.
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