The macroeconomic dynamics of Ethereum depend on the concentration of active addresses. Almost 47% of them belong to investors who are currently in profit.

Investors who have made a profit may begin to take their earnings, which will increase pressure on Ethereum. This could slow down its growth and hinder significant increases in value in the near future.

At the same time, the Parabolic SAR indicator is below the candles, indicating an active upward trend. We are likely to see rare profit-taking, like the last 2 days, but the bullish phase of the market will remain until the end of the cycle; a significant pullback may begin in November!$SOL $BNB $ETH