Ethereum (ETH) Bulls Hit A Brick Wall Called The $2,800 Resistance Level

Ethereum’s recent upward climb hit a serious snag this week right around the $2,800 mark. Fresh on-chain data from Glassnode suggests this spot is a major supply zone, packed with long-term holder positions where many investors who bought in before the March and April downturns are now close to breaking even or seeing profits. That […] The post Ethereum (ETH) Bulls Hit A Brick Wall Called The $2,800 Resistance Level appeared first on Coin Edition.