Ethereum showed a strong trend on Wednesday, hitting a short-term high, and continued to be bullish on Thursday. Currently, Ethereum is trading at around 2700. Ethereum has a network-wide hashrate of 536.43TH/s, 62223066 currency holding addresses, and 213081.83 ETH of 24H on chain transactions. ETH London hard fork countdown is in 9 hours, with 2997 blocks remaining, and three-quarters of Ethereum clients have completed preparations in London.
From a technical point of view, Ethereum's daily candle showed a strong performance, with Bullish marubozu candle. Ethereum’s trend is significantly stronger than bitcoin, and the indicators in the daily graph is bullish. H4 graph showed an upwards channel, the moving average continues to diverge upward, and the indicator is also bullish across the board. Overall prioritize Buy on Low on the fluctuation zone. Consider the support zone and resistance zone, the deciding point whether to buy or sell is near 2670
Resistance：2770-2850-3000
Support：2670-2590-2500
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