Analysis of Ethereum's Key Support Level: A Large Volume of Cryptocurrency Held Around $2700
Publication Time:2024-08-02 17:56:07
Ethereum holds significant importance in the cryptocurrency market and its price movements often attract considerable attention. Recently, data suggests that around the key support level of $2700, there is a substantial aggregation of cryptocurrency. Specifically, approximately 11,111,000 addresses hold up to 59,070,000 ETH, indicating the depth and complexity of the market. The average holding price for these addresses is around $2647, showing a certain buying pressure and market confidence compared to the current market price. Historically, when Ethereum's price approaches $2700, it tends to draw investor interest and form a supportive force, contributing to price stability or a rebound. For participants in Ethereum and its ecosystem, paying attention to the dynamics of this key support level is crucial for developing investment strategies.
Ethereum
Cryptocurrency
Key Support Level
Address Holding Quantity