Ethereum Technical Analysis 13.04.2023

With the activation of the Ethereum Shanghai update and the processing of staked ETH withdrawals, many investors were curious about what kind of price movement would occur.

Ethereum has tested the first resistance area that I previously mentioned in my analysis, after reacting from the $1846 support level. I think it is normal for it to get a reaction from these levels. If it closes above $2030, it can target the liquidity areas I marked on the left side of the chart and test the $2180 resistance.

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Bitcoin Onchain Analysis 01.05.2023

Onchain analysis is the examination of data stored on the blockchain network and allows us to see what users are doing and how they behave on the blockchain. This data includes block details, transaction data, and smart contract information.