The Realized Price of ETH accumulation wallets โ meaning the average cost price of whales and long-term holders โ has just hit the bottom exactly once again!
History does not lie:
Every time the ETH price touches this Realized Price zone โ it is always a miraculous bounce, followed by a strong surge!
Current:
โข ETH is firmly positioned above the Realized Price line
โข Whales are NOT just refraining from selling, but also accelerating their manic accumulation in this area
โข The profits of whales are at 0
โ this is their last protection zone
On-chain data is screaming:
THE RISK OF A DROP IS ALMOST NON-EXISTENT, NEW OPPORTUNITIES ARE EXPLODING!
The current setup is exactly like the start of a major bull run, not a continuation of the bear market.
The only remaining question for you guys:
Will it surge 2-3x from here, or will it break the bottom? ๐
(I already know which side ๐)
Which side do you choose? Comment right below! ๐
