According to CoinMeta, based on early data from in, there was a major selling wall of $132 million above ETH. In the short term, the range of $1920 to $1940 needs to be closely monitored. Subsequently, the major selling orders were executed, totaling $91.25 million, which is significantly higher than the $28.11 million in buying transactions, with a difference of $63.15 million. During this period, ETH reached a high of $1924.97, but failed to hold above that level and fell back to around $1875. Currently, there are over $330 million of pending orders near the spot price of Binance ETH / USDT in play.