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List of Flash News about ETH God Candle

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2025-05-09
02:54
Ethereum Price Surges 20% in One Day: ETH God Candle Ignites Trading Frenzy

According to Crypto Rover, Ethereum (ETH) experienced a dramatic 20% price surge within a single trading day, marking what he describes as the 'God Candle' rally (source: Crypto Rover, Twitter, May 9, 2025). This powerful upward move has generated significant trading volume and renewed bullish momentum across major crypto exchanges. The rapid appreciation is attracting both institutional and retail traders seeking to capitalize on short-term volatility, with open interest and funding rates rising. Market participants are closely monitoring resistance and support levels, as this breakout could signal further upside potential or trigger profit-taking corrections. Short squeezes and liquidations are also influencing price action, making risk management critical for active traders.

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