According to data disclosed by IntoTheBlock, ChainCatcher reports that Ethereum's market value has grown significantly by 12% in the past 24 hours, showing impressive performance. On-chain data indicates that the current resistance above is relatively limited, with the only significant selling pressure concentrated around $1,860. If this resistance level is successfully broken through, the possibility of returning to the psychological level of $2,000 will significantly increase.
IntoTheBlock: ETH's significant selling pressure is concentrated at $1,860, and breaking through the resistance level may return to $2,000
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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