After experiencing a notable upward trend, it surpasses major digital assets in the encryption market, Ether Leeum It appears to be hitting the road block and suddenly embarrassed. The price of ETH can face the weakness of weakness and return to the main support level, but many investors are still optimistic about major altcoin and short -term trajectory.
As Ether Lee is cool, investors' deep purchases are dominant.
Ether Lee has witnessed another Weakness The day, the price continues to be traded at a lower price than the price of $ 4,500. Among this weak price behavior, GLASSNODE, a major financial and on -chain data analysis platform, spotted There is a positive feeling among major ethical investors.
Popular hot chain platforms identified investors' actions after investigating Etherrium costs. Heatmap Metric. The main indicator is to send a clear conviction signal between the holders, despite the withdrawal of Altcoin at a price of $ 4,700.
Such development suggests that market participants show significant participation in institutions and retail channels by treating as a strategic entry point rather than withdrawal. It is also highlighted ETH's charm increase Investors show their belief in the long -term process despite the recent confusion.
When the main Altcoin loses $ 4,700, the glassnode is Notable accumulation About $ 4,400 was observed to help stabilize downward movement. In other words, this dense purchase activity cluster has been used as an important support for the weak pressure of the seller.
Although significant accumulation was observed for about $ 4,400, the platform pointed out that some of the supply was quickly redistributed. According to the warm chain platform, this operation signals clear swing trade mechanics on retail and institutional channels.
The surge in ETH has been suspended due to the main active realization price.
other mail On the X platform, GlassNode used ETH realization price -to -run ratio (RPLR) to provide insight into Ethereum's latest performance. Specifically, this important metric measures ETH's fair value (realization price) along with long -term spending and spleen patterns.
The data of GlassNode shows this Ether Leeum's rise Once again, it was stopped at $ 4,700. The last time the price of ETH visits this level is worth noting in the wider optimistic market waves in March of this year.
According to the warm chain platform, this level is an important area. Overheating And the pressure is often sold because it has often acted as a resistance at the previous cycle.
At the time of writing, Ether Leeum was traded at $ 4,238, down more than 1% in the last 24 hours. According to CoinmarketCap's data, trading volume has changed negatively and decreased 7% last day. If the volume decreases, the investor's feelings for Altcoin are weak.
Getty images' main images, TradingView.com charts
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