BlockBeats news, CryptoQuant analyst MAC.D pointed out that the average cost for Ethereum holders is $2,200. Market optimism continues, and analysis shows that the next major support level is around $1,290, which is the average cost for whales holding over 100,000 ETH. This data indicates that Ethereum still has good market potential within the current price range, and investors should pay attention to on-chain data to assess future trends.