$ETH Recent market developments

• Strong accumulation: Major wallet addresses have purchased about 1.11 million ETH, indicating accumulation and expectations of price increase.

• Important resistance: ETH is testing the resistance area around 1,840 USD. If it breaks through, the price could aim for the 2,000 USD mark.

• Potential correction: Some technical analyses suggest that ETH may correct to the support area of 1,700 USD before continuing its upward trend.