ETH on the daily continues to move in a range between 2020.29 and 1741.43 and has not reached the lower boundary which would be 1690.32, where in addition to being a smart money support region it is also where the MM100 is.
It may not arrive, even because its stochastic RSI is indicating deep exhaustion of selling forces, which could break the upward accumulation triangle. .
After the recent Shapella update, daily stake deposits increased by 500%. Despite the withdrawal requests being mostly from centralized exchanges, the data suggests that the withdrawn ETH is mostly used for internal operations rather than sales.
.Main support levels : 1741 / 1690
Key Resistance Levels :1860 / 2020
MM100: 1690
It may not arrive, even because its stochastic RSI is indicating deep exhaustion of selling forces, which could break the upward accumulation triangle. .
After the recent Shapella update, daily stake deposits increased by 500%. Despite the withdrawal requests being mostly from centralized exchanges, the data suggests that the withdrawn ETH is mostly used for internal operations rather than sales.
.Main support levels : 1741 / 1690
Key Resistance Levels :1860 / 2020
MM100: 1690