On Thursday, Ethereum was slightly stronger than Bitcoin, and did not see a new short-term low. Ethereum is currently traded at around $1950. The Ethereum 2.0 deposit contract address has received 6,293,700 ETH, accounting for 5.4% of the current Ethereum supply, and 4832 ETH has been added in the past 24 hours. The current network computing power is 492.54 TH/s, and the network difficulty is 6.64P. Ether The ENS domain name system added 10,700 domain names in June, nearly three times the month-on-month surge. From a technical point of view, the daily candle of Ethereum is bearish. The trading volume and market activity has reduced. H4 graph showed an obvious resistance around MA 22 days, and Ethereum has been under the resistance of middle BOLL for a long time. RSI tends to be neutral. Overall, prioritise operation with the expectation that Ethereum will strengthen followed by a drop within the fluctuation zone. The graph below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 2040.
Resistance：2000-2040-2170
Support：1900-1865-1800
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