The largest subcoin Ethereum‘s (ETH) price, 2 thousand dollars of the “realized price” level of the level of a significant threshold tested. In -chain data platform CryptoquantAccording to the analysis of this decline not only triggers short -term panic sales, but also indicate that historically long -term investors have been entered into a strategic accumulation zone. The price is calculated based on the value of each ETH on the last blockchain transfer and reflects the real cost average of the market. Therefore, it offers a deeper perspective than the current market price. Most of the crypto currency investors are technically damaged when the price fell below this level. The panic atmosphere in such times resulted in large sales waves in the past. However, historical data indicate that these levels can also be the starting point for a strong recovery.
What is the price in ETH and why is it important?
Real priceis calculated by taking the average of the price information of each ETH at the last departure. This Metric Ethereum reflects the total market value more realistic and reveals the average cost of investors. In this respect, it may function as a support or resistance line beyond the market price.
Ethereum price When this level falls below this level, the majority of investors go into a position where they are in harm. This seriously affects the psychology of investors, especially during uncertainty. In these times when market confidence is broken and the indecision increases, sales pressure intensifies. However, it is not always negative that the price falls below the realized price. Looking at past data EthMost of the periods in which these levels tested these levels seem to have strong rise after large sales. So short -term fears can be a harbinger of long -term opportunities.
What does historical data say about Ethereum?
In -chain data offered by Cryptoquant analysts show that Ethereum points to the market bottoms with 80 percent of the periods when Ethereum fell below the price. More interestingly, in the 6 -month period following these bottom levels ETH priceIt is supported by data that an average of 217 percent. In other words, past price performances reveal that existing levels are not only risk, but also potential prizes.
It is possible to say that these statistics have become quite meaningful when combined with investor psychology. Because large sales usually occur in times when investors sell in panic with the loss of confidence, which is called “abandonment phase”. However, at this point, strategic purchase opportunities arise for long -term investors.
Although the recent decline may cause panic in Ethereum in the short term, when the past cycles are examined, it is seen that these levels turn into gold -value opportunities over time. This shows that investors should pay attention not only at the price but also for the binding.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
