• Ether traded range bound since July 15, today that range broke

• US dollar, yields fell on US Treasury liquidity support news

• Riskier assets rallied sharply; gold, silver, Bitcoin, stocks rallied & USD/CNH fell

• Ether rallied above the 50% Fib of 2464.54-1506.93, July & June monthly highs

• A 3-month high of 2098.10 traded, Ether traded up +7.8% into Europe's close

• The rally helped bullish technical signals emerge for Ether

• 200-DMA broke & consolidation of drop from April high resolved with a rally

• Rising daily, monthly RSIs reinforce bull signs as they indicate upward momentum

• Psychological 2100.00 level & 2135.00-2155.00 zone are immediate impediments for bulls
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)