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IntoTheBlock: ETH's significant selling pressure is concentrated at $1,860, and breaking through the resistance level may return to $2,000

IntoTheBlock: ETH's significant selling pressure is concentrated at $1,860, and breaking through the resistance level may return to $2,000

CointimeCointime2025/04/23 08:00
By:Cointime

data disclosed by IntoTheBlock shows that the market value of Ethereum has increased significantly by 12% in the past 24 hours, with impressive performance. On-chain data shows that the current resistance above is relatively limited, with the only significant selling pressure concentrated near $1,860. If the resistance level is successfully broken, the possibility of returning to the psychological barrier of $2,000 will significantly increase.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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