ETH holders are closely watching as deposit addresses have accumulated nearly 1.11 million ETH. Despite some temporary selling pressure and attempts to break the $1,800 level and 50-day SMA resistance, this accumulation reflects long-term confidence. Keep an eye on the $1,800 level as bears are still applying pressure. Additionally, Ethereum developers are testing the possibility of a 4x increase in gas limit for the upcoming Fusaka hard fork. The ups and downs are still present, but the fundamental accumulation behaviors are noteworthy.$ETH
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