Analysis: The key support level for Ethereum is between $2290 and $2360
On-chain analyst Ali posted on X, stating that based on IntoTheBlock data, the key support level for Ethereum is between $2290 and $2360, where about 1.9 million addresses hold approximately 52.3 million ETH. If this demand zone is broken, selling pressure could potentially drive ETH down to $1800.
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
A new address deposited 3.86 million USDC to Hyperliquid and placed a long order for 196 BTC.
Spot gold breaks through $4,250 per ounce, up 0.76% on the day
Data: A certain whale shorted BTC, currently with a floating profit of $748,000
Data: US stock index futures extend losses, S&P 500 down 0.46%