Ethereum continued to fluctuate at the recent bottom on Monday, and the current price is around 1890. The current Ethereum 2.0 deposit contract address has received 6,350,200 ETH, which accounts for 5.44% of the Ethereum supply. In the past week, 88160 ETH was newly pledged, and the number of new pledges decreased by 48.67% from the previous month. Data: Ethereum holders are transferring their tokens from centralized exchanges. From a technical point of view, Ethereum is on a downward trend and continued to operate below the middle BOLL band, showing a bearish trend. MA forms Death Cross and MACD is below the 0 level. Overall prioritise Sell on High on the fluctuation zone. Consider the support zone and resistance zone, the deciding point whether to buy or sell is near 1840.
Resistance：1970-2040-2160
Support：1840-1780-1700
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