Ether bull flag targets $6K as ETH supply on exchanges falls to 12%

Ethereum’s price moves closer to its all-time high, but liquidity shortage could trigger a breakout toward $6,000.

Key takeaways:

Ether’s bull flag confirmation on the daily chart targets 34% gains to $6,100.

The percent of ETH supply held on exchanges has dropped to 12% for the first time since 2016.

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