ETH has a new chart today, and it looks quite interesting. The recent 24-hour position changes are very obvious—failed to break through $3100, now oscillating between $2900 and $3000.

Key data is eye-catching: a massive amount of chips are stacked at the single price point of $2772, totaling over 4.4 million coins. On-chain 24-hour turnover is only 180,000 coins, honestly, this sentiment is a bit cold.

The main support remains the $2772-$2950 range, which now has accumulated over 10 million chips. Recently, it has been oscillating here, with chips stacking up very strongly. The future movement depends on whether the overall market can give support.