Ethereum Liquidity Remains Low During Holiday Period

According to Odaily, on-chain analyst @DL_W59 shared insights on the X platform regarding Ethereum's performance from January 1 to January 2. The data indicates that liquidity was low during the holiday period, with prices fluctuating between $2,900 and $3,010. A significant concentration of tokens remains at the $2,772 price point. The total on-chain turnover over the 24-hour period was approximately 180,000 tokens, a decrease from the previous day's 330,000 tokens. Most of the trading activity occurred in the $2,920 to $3,020 range, with over 10,000 tokens exchanged at the $3,500 level. Other price ranges saw turnover in the hundreds. Currently, the support range between $2,772 and $3,050 has accumulated nearly 13.41 million tokens.