11 hour ago
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Ethereum Nears Historical Accumulation Level, 8% From Long-Term Holder Basis
Ethereum is trading around key demand levels amidst market uncertainty, currently near $3,150 after prolonged selling pressure. New data indicates Ethereum may be approaching a crucial accumulation zone at $2,895, linked to long-term holder activity and historical market bottoms.
- Ethereum's price is 8% from the Accumulation Addresses Realized Price of $2,895, an average cost basis for long-term investors.
- A decline toward this level historically supports price stabilization and recovery, attracting strategic buyers.
- Long-term holders remain stable, viewing fear-driven sell-offs as opportunities for accumulation.
- Past dips below this level, like during the April 2025 tax-tariff crisis, saw significant ETH inflows into accumulation addresses.
Ethereum holds above a critical support zone near $3,000, briefly dipping but recovering quickly. The weekly chart shows potential stability around the 200-week moving average, with the 50-week moving average at $3,500 acting as immediate resistance.
- Breaking above $3,500 could signal renewed bullish momentum.
- Losing $3,000 might trigger further declines toward $2,800–$2,900, aligning with the Accumulation Realized Price.
The current market phase mirrors past corrections where Ethereum tested long-term supports before rebounding. This suggests close monitoring by long-term holders and institutional investors.
