The volatility of Ethereum in the Asian market on Monday was relatively small, and it currently fluctuates around $3,920. The hashrate of the entire Ethereum network is 636.12TH/s, the holding addresses are 62,174,082, an increase of 103109, the transaction volume on the 24h chain is 1,126,429 ETH, the amount of Ethereum destroyed is 209,000 ETH, and more than 77,000 ETH were destroyed in the past week. Data: 217,900 ETH have been pledged to the Ethereum 2.0 contract in the past week. From a technical point of view, Ethereum’s weekly cycle is bull, and the daily line continues to fluctuate at a high level. The short-term rise is too fast to reach a new high with Bitcoin, but the bull market is undoubtedly. In H4 upward structure, BOLL shows signs of closing upwards, moving averages are golden crosses, and MACD shows signs of slowing down. Overall prioritize buying at low prices on the fluctuation zone. Consider the support zone and resistance zone, the deciding point whether to buy or sell is near 3840.
Resistance：3980-4030-4100
Support：3900-3840-3700
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