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Ethereum holds above $2,480 as traders await breakout from key price range

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🚨 Ethereum holds firm above $2,480 as traders watch for a decisive breakout.
📈 $ETH remains in a consolidation phase despite rising trading volume and open interest.
👀 Abraxas Capital hedges with big spot buys while holding a large short on Hyperliquid.
🔍 Resistance at $2,530 and support at $2,370 set the next move for Ethereum.

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