IntoTheBlock: Ethereum faces key resistance at $3,500

Odaily Planet Daily News According to IntoTheBlock, ETH is facing a key resistance at $3,500. Since July 16th, ETH has been struggling to break the resistance level of $3,500, with one of the main factors contributing to this challenge being the purchase of ETH at an average price of $3,547 by 3.13 million Addresses. These Addresses are in a holding state of loss, increasing selling pressure and making it difficult for ETH to break through this key level.

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