In the early trading of Thursday, Ethereum rose short-term and is now trading at around 3,500 USD. The current total hashrate network of Ethereum is 646.85TH/s, and the difficulty of the whole network is 8.63P. The current currency holdings increase by 114,994. The transaction volume on the 24h chain is 3,738,224 ETH. The amount is 249,400 ETH, the average burn value of a single block is 1.1147 ETH, and the amount burned yesterday was 14,916 ETH, a record high in a single day. Data: Ethereum Gas fee once rose to around 2500Gwei.
From a technical point of view, the Ethereum daily graph closed bullish yesterday, and showed a slightly stronger performance than Bitcoin. However, the indicators showed mixed results. H4 graph shows signs of stabilisation, MA converges and the RSI indicator is near 50. Overall prioritize selling at high prices on the fluctuation zone. Consider the support zone and resistance zone, the deciding point whether to buy or sell is near 3400.
Resistance：3560-3660-3770
Support：3420-3320-3210
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