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Analysis: The key support level for Ethereum is between $2290 and $2360

Analysis: The key support level for Ethereum is between $2290 and $2360

Bitget2024/09/16 04:52

On-chain analyst Ali posted on X, stating that based on IntoTheBlock data, the key support level for Ethereum is between $2290 and $2360, where about 1.9 million addresses hold approximately 52.3 million ETH. If this demand zone is broken, selling pressure could potentially drive ETH down to $1800.

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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