Glassnode: $2800 may be the current key resistance level for ETH, with approximately 800,000 ETH accumulated at this price point
Glassnode posted on the X platform that approximately 500,000 ETH accumulated at a price point of $2,200 on March 1st, but quickly redistributed at a local high of $2,500. Meanwhile, the main resistance level currently stands at $2,800 with about 800,000 ETH accumulating at this price point. This indicates that market recovery needs to pay attention to this key price level.
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
Data: Bitcoin mining company MARA deposits 275 BTC to FalconX
Data: 7.5552 million TRX transferred out from a certain exchange, worth approximately $2.1 million
Trending news
MoreCrypto prices
More
