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ETHEREUM has witnessed a record 449000 in ETH flows for headlines on April 22.
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The active headlines increased by 10 %, indicating the increasing network sharing, but the Defi activity remains weak with a decrease in the size of DeX.
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Holders of underwater accumulation remains at a price of $ 1981.
Over the past ten days, ETHEREUM flows have reached accumulation headlines to the highest levels since 2018. On April 22, the Ether record flowed 449,000, at a rate of average price of $ 1750, to these titles, which represents the most important flow for one day in Ethereum history. This increase indicates that long -term holders are still optimistic about the future of Ethereum, although recent prices have declined.
However, the price achieved for these accumulated addresses is $ 1981, which means that these bearers are confused, as the current market price is lower than this level. It is worth noting that the achieved price has been less than the price of the ETHEREUM market since 2018, which is what it exceeded recently, indicating a shift in the dynamics of a pregnant woman.
Ethereum onchain has shown positive momentum over the past few days. between 20 and 22 April, The active headlines on the network increased by 10 %, from 306,211 to 336,366. This increase and the highest price movement is a sign of increasing network and bullish network.
However, the decentralized financing activity (Defi) is still defeated. Data from Devilia It indicates that the decentralized exchange volumes (DeX) decrease, with the installation of transactions at a weekly rate of about 1.3 million, indicating a limited Defi momentum.
Related: ETHEREUM bounces with the market dominance of the lowest level ever
Ethereum faces major resistance at $ 1895
According to Cost foundation distribution (CBD) Map of Heat For ETHEREUM, a large concentration in the offer is highlighted at $ 1895.50, where 1.64 million ETH is held by investors who bought during November 2024. This level, which was determined as possible resistance, can see the pressure pressure where holders may try to break the profits or lock it.
Based on a technical analysis, the resistance is received at $ 1895, more confirmation. The price is hovering near the 50 -day SIA moving average (EMA), which is the decisive direction reflection index. Failure to fracture above this EMA may indicate more momentum, while the ongoing step is higher may provide hope for the bulls.
Nevertheless, Ethereum is still in a clear declining direction on the higher timeline schemes, with no final signs of a bullish reflection. Daily closure above $ 2,142 is necessary to stimulate potential recovery, break the lower altitude pattern and low decline.
However, the unknown trader Rektproof Warn From emerging declining fractures – a frequent price pattern previously led to a decrease. This indicates that Ethereum may face another rejection and decrease to less than 1400 dollars if the markets start to go again.
Related: Institutions are separated with Ethereum, but keep ETH on the hook
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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