IntoTheBlock: Significant Selling Pressure for ETH Concentrated at $1860, Breaking Resistance Could Return to $2000
According to data disclosed by IntoTheBlock, Ethereum's market cap has significantly increased by 12% in the past 24 hours, showing impressive performance. On-chain data indicates that the current upward resistance is relatively limited, with the only significant selling pressure concentrated around $1,860. If this resistance level is successfully breached, the possibility of returning to the $2,000 psychological threshold will significantly increase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CANARY STAKED SEI ETF Registered in Delaware
SOL Strategies Secures Up to $500 Million in Convertible Note Financing to Purchase More SOL
SEC Confirms Receipt of VanEck Spot Avalanche ETF Application
Tether, SoftBank Group, and Jack Mallers Launch Bitcoin Company Twenty-One
Trending news
MoreCrypto prices
More
