Compared to other major encryption assets in the market, Ether Leeum's price performance is still delayed and could not rise in a few months. Given the long -term decline price performance, the hot chain data is considerable. Ethical investor It is currently in red.
ETH realized that the price was closer to the break.
Fundingvest, an on -chain data analyst and a proven author, said Ether Lee's market epidemiology has reached a decisive moment. at mail In the previous Twitter platform, Fundingvest emphasized that the accumulation address of ETH is at peak at an important level of Altcoin's realized price targets.
After exploring the ETH, the price of the accumulation address indicator seems to have fallen below the cost of the accumulation wallet address. It is highly likely to decide whether to make or violation. Ether Leeum We experience more sales pressure to shake up the beliefs of the network or to reclaim upward momentum.
At present, ETH is popular according to the realization price of the long -term holder, which is generally important to play a solid support for Altcoin at the strong cycle. One thing is clear is that when the price is lower than the long -term holder's realization price, this development can cause significant losses in the future. On the other hand, this level of fast recovery Reversal of potential strength of price.
According to experts, this indicates that tensions are promoted in a wallet that collected significant wealth between 2020 and 2021. Deep is rare under the realization price of long -term holders, and is often simple in the past.
But the continuous weakness of this area can lead to greater changes in the market. ETH's current market price has fallen below their average cost. AccumulatorThis raises questions about sustainability and prospects.
Profit Supply Past Bear Market Level
ETH continues to face the pressure of weakness.Limit the potential of the main price rally. This continuous downward movement has shown that the market sentiment is weak due to the historically lowered Etherrium supply rate.
Encryption analyst and trader venture founder Reported The supply of ETH ratio of profit dropped to 40%. According to experts, this level is lower than the bottom of the last bear market. altcoin Traded for $ 800.
Considering the rapid drop, Venturefounder claims to be a clear signal for distributing. The decrease in supply profits requires an alarm, but especially if it falls to about 30%, there is still a positive side in development. Experts point out that if they reach 30%, the green area of the chart, experts will create a generation of buying for investors.
Venture pound Exposed In other posts ETH The realized price decreased to the bottom of the last cycle. Experts consider another on-chain purchase signal for Altcoin.
Pixabay's main image, TradingView.com chart
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