ETH chip distribution reveals key support, price breakthrough is imminent!

The current ETH 1-hour cycle shows that the price is in the key area around 2000, and the chip distribution suggests that the chips in this area are sparse and easy to break through. Combined with the recent close proximity of support and resistance levels, it indicates that the market is brewing direction choices. If the price falls below support, it will quickly enter a vacuum zone below, which may accelerate the downward trend; On the contrary, breaking through resistance or triggering a rapid rise. In addition, trading volume continues to shrink, with moving averages showing a bearish trend and an overall weak trend. But the distribution of chips shows that breakthroughs in equilibrium are more explosive. Activate membership to unlock chip distribution, helping you lock in and change inventory in advance! Proactively grasp the support resistance and accurately predict the market turning point! The data is sourced from the PRO member's [ETH/USDT Binance 1-hour] K-line, for reference only, and does not constitute any investment advice.