Ethereum quickly rushed high in early trading on Monday, breaking through the recent resistance level of 2200, and is currently traded at 2325. At present, the computing power of Ethereum is 505.22TH/s, and the difficulty of Ethereum is 6.82P. Ethereum 2.0 deposit contract address has reached 6.4184 million ETH, accounting for 5.5% of the supply. Data: Ethereum's top 10 non exchange whale position reached a five-year high, and the top 10 exchange whale position reached a record low. Data: the total volume of Ethereum staked reached US $55.89 billion.
From the technical point of view, Ethereum has 5 consecutive bullish daily candles, and the weekly candle rebounded after reaching low positions. H4 graph showed a rapid upward movement, and above 2400 becomes the key resistance level. The moving average formed Golden Cross, and all indicators show bullish signs. Overall prioritise Buy position. The deciding point whether to buy or sell is near 2400.
Resistance：2400-2460-2550
Support：2260-2200-2120
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