Analysis: ETH's next resistance level may be around $3,100

By: theblockbeats.news|2025/07/11 07:51:39

BlockBeats News, July 11th, Sentora (formerly IntoTheBlock) published an article stating that Ethereum (ETH) is once again approaching the $3,000 mark, a price level last seen in February this year.

With the price on the rise, on-chain data shows that there is hardly any significant resistance before $3,100. However, once this level is reached, it may trigger some selling pressure as 4.1 million ETH addresses will break even after being in a loss for about six months.

Japanese publicly traded company Remixpoint increased its holdings by 116.72 BTC, bringing its total holdings to 1168.28 BTC Zeus Network is launching a Bitcoin Airdrop event, and active wallets on the Solana blockchain are eligible to receive the airdrop.

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