Cryptocurrency data platform Into the Block examined ETH on-chain deposit and withdrawal data and indicated that there's no evident resistance observed up to the $2,500 range. However, this doesn't necessarily imply a straightforward path to breaking new highs. Within the current range, an increase in profit-taking by ETH holders is a common occurrence. This short-term sell-off is influencing the present trend, although it's expected to be temporary and unlikely to significantly impact the long-term trajectory of ETH. 📊💹 #ETHAnalysis #IntoTheBlockObservation