Ethereum fluctuated at $4,320 on Tuesday. The total computing power of the Ethereum is 747.84TH/s, the current holding address is 66,939,424, the transaction volume on the 24h chain is 1,372,944 ETH, the TVL of the Ethereum bridge reaches 22.15 billion U.S. dollars, and the burn volume is 724,700 ETH.
From a technical perspective, Ethereum daily candle continued to close with doji pattern. The moving average forms bullish divergence, and the MACD remained strong. H4 graph shows that Ethereum is sideways at high position, the middle BOLL band and short-term MA converges indicating that a shift in market is going to happen. Overall, prioritize operation in the fluctuation zone. If there is a break through then traders can open positions. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 4460.
Resistance：4380-4460-4600
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