Key On-Chain Indicator Signals Bottom Is In; Ethereum Core Devs Endorse EIP-4844

The downfall of FTX has also left its mark on the Ethereum (ETH) price. Over the last 30 days, Ether has recorded a drop of around 20%. At press time, the price was at $1,171, just above the crucial support level of $1,100.
In the short term, the ETH price has found support at $1,171. However, if the key resistance at $1,230 is not breached in the next few days, a retest of the level at $1,100 could be on the cards.
Ethereum price, 1-hour-chart. Source: TradingView
An important on-chain ind