The chip consensus area has encountered a $116 million hanging wall, and ETH's next stop is being priced

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The chip distribution shows that in the past month, the chip structure of Binance ETH/USDT perpetual coin pairs has shown a bimodal distribution. The current price is gradually approaching the price range with the highest concentration of chips. At the same time, the main selling orders have a clear advantage, with a total selling amount of $116 million and a net selling amount of $34.63 million. In the short term, the following two key areas can be focused on: -Resistance level: $2314.5 (Chip POC, Market Consensus Zone) -Support level: $2245.5 (peak area of chips) Note: The distribution of chips varies among different currency pairs and time ranges, and the data is for reference only.

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