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May 30, 2025

Ethereum ETH Gas Usage Surges Consolidation Below 2700 Resistance

Ethereum is currently witnessing increased volatility as it remains just below the significant resistance level of 2,700. Despite numerous attempts to overcome this barrier in recent weeks, ETH has yet to close above it daily. This situation creates a crucial battleground for both bullish and bearish traders as the demand for gas continues to rise in the network, indicating healthy activity among users.

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