Ethereum increased to a new high on Wednesday, hitting $4639. The total 24H computing power of the Ethereum network is 749.37TH/s, and the transaction volume is 2,150,995ETH. 15099.85 pieces of ETH were burned. Opinion: The approval of the Ethereum futures ETF may be earlier than the Bitcoin spot ETF.
Technically, the daily graph showed that Ethereum is strong, and indicators continue to show bullish signal. H4 graph shows a breakthrough as expected. The candle forms an upper ladder, MACD volume increases, and MA forms Golden Cross. Overall, prioritize operation in the fluctuation zone. The chart below is showing the key point and the estimated trend, the deciding point near 4460.
Resistance：4380-4460-4600
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