On Wednesday Asian market, Ethereum continued to rise, and is currently to be 3,450 USD. The intraday increase has reached about 1.8%. The total network hashrate of Ethereum is 619.17TH/s. The currency holdings have increased by 118,052. The transaction volume on the 24h chain is 1,737,217.71 ETHs, and the amount of burn is more than 150,000 unit, worth more than 500 million USD, of which NFT is the main driving force for the burning of ETH on the current Ethereum chain. Geth, the largest client of Ethereum has completed 100% of the "London" upgrade synchronization.
From a technical point of view, the daily line broke through the previous key resistance of 3370 and hit a new short-term high. The indicators are bullish across the board. H4 graph shows that the bullish triangle structure was broken, and the MACD and RSI indicators moved up simultaneously. Overall prioritize Buy at Low prices on the fluctuation zone. Consider the support zone and resistance zone, the deciding point whether to buy or sell is near 3370.
Resistance：3500-3560-3650
Support：3370-3340-3250
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