ETH has tried to rise above 2700 for the third time in recent days, but every time it reaches this position, it will pull back. This phenomenon fully shows that there is great pressure above 2700
This situation may be because there are a large number of sell orders above 2700, which leads to an increase in market supply and suppressed prices. It may also be that investors' psychological expectations have changed at this position. Many people think that they should take profits at this price, so they sell one after another, causing price pullbacks.
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