Odaily Planet Daily News According to IntoTheBlock monitoring, on-chain data shows that ETH has an important support zone just below $1,900, with about 3.56 million ETH purchased between $1,843 and $1,900. This accumulation indicates strong support, but if ETH falls below this range, the risk of capitulation will increase, as demand seems to weaken significantly after this level.
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IntoTheBlock: The important support area for ETH is currently slightly below $1900, with the risk of breaking below 'Capitulation' or rise.
Odaily Planet Daily News According to IntoTheBlock monitoring, on-chain data shows that ETH has an important support zone just below $1,900, with about 3.56 million ETH purchased between $1,843 and $1,900. This accumulation indicates strong support, but if ETH falls below this range, the risk of capitulation will increase, as demand seems to weaken significantly after this level.