IntoTheBlock data shows that ETH has formed strong support below the $4000 level. The institution pointed out that approximately 7.2 million ETH were bought in the price range slightly below $4000, indicating significant buying demand at this level. This demand is expected to support Ethereum to maintain above the $4000 level.
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IntoTheBlock: There is significant buying demand for Ether below $4000
IntoTheBlock data shows that ETH has formed strong support below the $4000 level. The institution pointed out that approximately 7.2 million ETH were bought in the price range slightly below $4000, indicating significant buying demand at this level. This demand is expected to support Ethereum to maintain above the $4000 level.