Ethereum continued to fluctuate at a high level on Thursday, and the current price is around 2290. Ethereum's entire network computing power is 516.66TH/s, the entire network difficulty is 7.00P, and the 24h chain transaction volume is 1,891,196.14ETH. Synthetix Eco Option Agreement Thales has been launched on the Ethereum mainnet. The top 10 Ethereum giant whales now hold ETH worth more than $48 billion. Ethereum co-founder: I hope Musk will take the crypto industry seriously.
From a technical point of view, the Ethereum daily candle are under pressure but is closed with a bullish candle. However, Ethereum failed to hit a new high of short -term and the market continued to fluctuate at a high position. H4 graph showed that the volume of MACD reduced, but did not break through the downward trend line. The market’s bullish sentiment are still strong and there is a risk of correction. Overall prioritize buying on low prices on the fluctuation zone. Consider the support zone and resistance zone, the deciding point whether to buy or sell is near 2200.
Resistance：2350-2430-2550
Support：2200-2120-2040
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