ETH breaks through the $2500 mark

The 90 minute cycle shows that the current price is below the EMA24 and EMA52 moving averages, showing an overall downward trend. Member indicators show that the maximum trading volume in the chip distribution is concentrated in the range of 2412-2422, forming a strong resistance area, and there are obvious signs of pressure on the price around 2400. At the same time, the convergence of the KDJ indicator and the running below the MACD zero axis further confirmed the short-term bearish signal. Recently, the price test has reached the support level of 2398.5. If it falls below this point, it may accelerate its downward trend towards the low volume area around 2380. The continuous decline in trading volume and significant decrease in market activity indicate that bearish forces are accumulating. Open a membership, accurately grasp key resistance support and chip changes, and seize the best trading opportunity! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.

Bakkt Holdings has submitted a $1 billion shelf issuance application to the US Securities and Exchange Commission (SEC), and the proceeds from this fundraising are expected to be used for working capital and general corporate purposes. Some of the funds may also be allocated to Bitcoin or other digital assets according to updated investment policies. Note: Shelf issuance refers to a mechanism in which the issuer registers once and issues multiple times on the basis of a registration system for securities issuance.

Binance SOL/USDT is currently trading at $140.17, with a 5-minute drop of 0.57%. Please be aware of the market fluctuations.

OKX-ETH/USDT is currently trading at $2400, with a decrease of 0.43% in 5 minutes. Please pay attention to market fluctuations.

ETH has risen, with a trading volume of $41.9 billion in the past 24 hours and a circulating market value of $297 billion, representing a 0.45% increase in market value. Data for reference only