The extreme points of Ethereum weekly VPVR volume distribution are around 2040. The resistance level at this spot will be very strong—there are massive trapped positions and clusters of take-profit and stop-loss orders here, so it will be difficult to push higher. On the four-hour level, the volume distribution is around 1730. The earlier dynamics also indicated that this is a pivot/central zone. Under conditions of low market sentiment and weak trading volume, it’s not easy to break down through it and it’s also not easy to break out of it. If price rallies upward, it’s a short-selling opportunity; if it breaks down, it becomes an “dip buy” (support-snatching) long opportunity. For the specific entry levels, click to view the subscription updates below. #First round of US-Iran negotiations has ended