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.
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