Analyst alicharts: Yesterday's surge in Ethereum after the CPI was driven by whales, with the current main resistance level above 2700 USD

chaincatcherchaincatcher
After the CPI was announced yesterday, Ethereum briefly surged nearly 10%, quickly rising from $2433 to $2667. According to analyst alicharts, this short-term spike was driven by whales, during which the number of Ethereum transactions worth over $1 million increased by nearly 14%.However, alicharts also stated that Ethereum is now approaching a major resistance level. Previously, over 10 million ETH were traded between $2700 and $2800, forming a significant supply barrier. This is the key range that whales must break through for Ethereum to rise to $3000.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.