On Friday, Ethereum rushed high followed by a drop and is currently trading at $4,420. The total amount of Ethereum burned was 1.0177 million ETH, and the amount burned yesterday was 11,935.11 ETH. The total amount of Ethereum Layer 2 locked up exceeded US$7 billion. The growth history of Ethereum "Infinite Garden" will be filmed into a movie version.
From a technical perspective, Ethereum daily candle is stable at MA10, fluctuating near the middle BOLL band, and the RSI is relatively neutral. H4 graph shows that ETH is stable on the channel, the MACD energy volume strengthened, and the bulls dominates the market. Overall, prioritise BUY within the fluctuation zone. The chart below is showing the key point and the estimated trend, the deciding point is near 4300.
Resistance：4480-4550-4610
Support：4380-4300-4210
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