The lock up volume of Ethereum L2 network optimization is USD 541million

Fundamental analysis:

Ethereum maintained a shock around 1936. According to l2beat data, as of June 1, the total lock up volume on Ethereum layer2 was $4.65 billion. Among them, arbitrum, the expansion scheme with the highest volume of lock up, is about USD 2.49 billion, accounting for 53.52%. The second is dydx, with a locking volume of USD 962million, accounting for 20.67%. Optimization took the third place, with a lock up volume of USD 541million, accounting for 11.62% and an increase of 8.08% in seven days.

Ethereum ethusdt - 4-hour K-line diagram display:

Technical comments: low position Bulls' dynamic reversals fluctuated and rose, tangled in the narrow consolidation and translation of the upper rail section in the Bollinger belt index channel, and began to wander after the short-term Bulls' reversals moved up. The Bollinger belt index continued to open its mouth slowly, the MACD index remained weak above the 0 axis, and the RSI index was in the 50 balanced online side consolidation;

Multi empty turning point: 1901

Pressing position: 2036, 2128

Support position: 1809, 1729

Trading strategy: bullish above 1901, target 2036, 2128

Alternative strategy: 1901 down bearish, target 1809, 1729

The above analysis is a personal point of view and is for reference only.