Glassnode: $2,800 may be the current key resistance level for ETH, with about 800,000 ETH accumulated at this price

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ODAILY
03-05
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Odaily reported that glassnode gifted on platform X. On March 1, around 500,000 ETH were accumulated at the price of $2,200, but were quickly redistributed at the local high of $2,500. Meanwhile, the main resistance level currently appears to be at $2,800, where around 800,000 ETH have been accumulated, indicating that the market recovery needs to pay attention to this key price level.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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