The fall of Ethereum below the price realized indicates a panic among owners of the second cryptocurrency capitalization, which historically serves a bull signal for the medium -term perspective. This is stated in the Cryptoquant report.
Analysts recalled that the metric often acts as a strong level of support or resistance.
The departure of the spare price below the landmark translates most of the retained coins “into minus”. During periods of fear and uncertainty characteristic of the last days, panic sales often occur on the market.
Such a situation marks the phase of surrender when investors lose confidence and begin to massively get rid of the asset. Historically, such moments occur at the end of downward trends.
Historically, every time ETH fell below the sale price, this coincided with the formation of a long -term bottom.
Behind these periods, a strong restoration is invariably followed, which makes them a strategic area of accumulation for the Hodler, experts emphasized. Such observations illustrate the above schedule well.
According to the calculations of experts, at the moment, most of the Modler incur losses at the average purchase cost of $ 2200.
According to their calculations, the next major support is a $ 1290 mark (allocated by orange), which coincides with the purchase price of 100,000 ETH.
Earlier, Standard Chartered reduced the prognosis of the price of the broadcast of 2025 from $ 10,000 to $ 4000. Among the reasons was called the growing influence of L2 solutions, in particular the BASE platform.
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Source: Cryptocurrency
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