On Thursday, Ethereum's short positions dominated the market, forming a big bearish candle with no shadow. On Friday Asian session, Ethereum continued to test 2047. As of 10 am, Ethereum 2.0 deposit contract address has received 6.2393 million ETH, accounting for 5.36% of the current Ethereum supply, and 19136 ETH has been added in the past 24 hours. Between June 6 and July 6, Ethereum added 5.37 million new unique addresses to its network. Uniswap launched alpha version on Ethereum's second floor expansion scheme optimism.
From the technical point of view, Ethereum's daily candle breaks through the upwards interval. H4 shows formation of M pattern at the top. The indicators gradually turn negative, moving average formed Death Cross, and MACD turns below the 0-axis. Overall prioritise Sell on High on the fluctuation zone. The deciding point whether to buy or sell is near 2200
Resistance：2160-2210-2300
Support：2080-2040-1900
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