Ethereum remained volatile around 1731, and the total number of ETH 2.0 pledges has exceeded 17.6332 million, which is 17,633,162. According to the current market price, the value is about 30.356 billion US dollars. In addition, the total number of ETH 2.0 pledged addresses has exceeded 567,400, which is 567,357.
Ethereum ETHUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the bulls’ dynamics are moving up with high volatility, the market’s bullish sentiment continues, and the bulls continue to pull up. The MACD indicator is in the bullish zone, and the RSI indicator is hovering above the 50 balance line;
Resistance level: 1751 1772
Support: 1697 1675
Trading strategy: Bullish above 1718, target 1751 1772
Alternative strategy: bearish below 1718, target 1697 1675