Chip distribution: ETH may convert test pressure, only 0.12% away from chip intensive areas

PRO chip distribution data shows that in the past month, 50% of ETH's traded chips were concentrated in the range of $2293.38 to $2378.62. Currently, the ETH price is located below the chip concentration zone, about 0.12% from the lower edge of the range, and $2293.38 will become a key resistance in the near future. Pay attention to the support and conversion situation at this point. If the subsequent volume breakthrough and steady hold, ETH price is expected to further explore upward; If encountering obstacles and falling back, there is a high probability of returning to the bottom. Using the PRO "Chip Distribution Map" can clearly locate key long short conversion levels, avoiding chasing high resistance levels. The data is for reference only.