On Wednesday, Ethereum dropped after reaching a new short-term high. Ethereum continued its downward trend on Thursday and is currently traded at $2260. As of 10 am, the Ethereum 2.0 deposit contract address has received 6,220,100 ETH, accounting for 5.34% of the current Ethereum supply, and 11904 ETH has been added in the past 24 hours. The amount of Ethereum staked has reached USD 24 billion, accounting for 30.54%; Data: The total issuance of stablecoins on Ethereum exceeded USD 74 billion, a record high. From a technical point of view, the daily trend of Ethereum is a gradual upward trend. It continues to be above the middle BOLL band. The moving average formed Golden Cross at bottom position. H4 graph shows that the candle formed M pattern and currently broke through the middle BOLL band. Other indicators shows signs of falling. Overall prioritise Sell on high on the fluctuation zone. The deciding point whether to buy or sell is near 2200.
Resistance：2310-2400-2480
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