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Okay, so Ethereum is currently doing that thing where it kinda just… hovers. Like a slightly anxious hummingbird. It’s near some “key support levels,” which, let’s be real, is crypto-speak for “please don\’t fall any further.” We\’ve been seeing a lot of volatility, which, honestly, is just a fancy word for “panic selling.” 📉
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- Ethereum Price & Support: Ethereum is tiptoeing around support levels after weeks of people hitting the “sell” button. Apparently, it\’s 8% above something called the “Accumulation Addresses Realized Price,” which sounds like a really complicated way of saying “what people paid for it.”
- Long-Term Holders Aren\’t Panicking (Yet): Despite the chaos, some 17 million Ethereum have gone into the hands of people who apparently believe in this whole thing. They’ve upped their stash from 10 million to over 27 million. Bless their optimistic hearts. 🙏
- Charts: A Lot of Lines: The charts show…lines. And some of those lines are going up, and some are going down. Experts say if it breaks a certain line, things could get worse, or better! Groundbreaking stuff.
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Right now, Ethereum is hanging out around $2,967.76. Which is down 23.4% in the last month. Ouch. But, according to some very smart people at CryptoQuant, it\’s still a little bit above that magical “average cost basis” for the long-term believers. Basically, the people who bought high and are hoping to not lose all their money. 🤞
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This “Accumulation Addresses Realized Price” thing? It\’s apparently what smart investors pay when everything is down. They are kinda like vultures, but with more money. They swoop in during times stress. Lovely.
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Apparently, Ethereum has only fallen below this price once before, when everything was generally terrible, a correlation that honestly feels very on brand. It was around April, when global economic uncertainty got so high, it exceeded even peak-COVID anxiety. I mean, personally, I\’m still anxious about COVID, but you know. 🤷
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So, in 2025, people just kept buying, pushing the total into these “accumulation addresses” from 10 to 27 million. This is either a sign of amazing confidence, or everyone\’s just really bad at math. Jury’s still out.
\n\n
And the charts! They show it’s almost below a major support level, but then it bounced back. Almost like a caffeinated chihuahua. The 50-week moving average is being a bit of a bully, refusing to let it go higher. If it breaks through, maybe things get exciting. If it doesn’t…well, don’t say I didn’t warn you. 😬
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Analysts are saying this all looks a lot like what happened before, when it went down and then…went back up! Which is, frankly, comforting. Apparently, all these smart folks are watching this situation closely, which is just great news because someone needs to. 🤑
\n
Okay, so Ethereum is currently doing that thing where it kinda just… hovers. Like a slightly anxious hummingbird. It’s near some “key support levels,” which, let’s be real, is crypto-speak for “please don’t fall any further.” We’ve been seeing a lot of volatility, which, honestly, is just a fancy word for “panic selling.” 📉
- Ethereum Price & Support: Ethereum is tiptoeing around support levels after weeks of people hitting the “sell” button. Apparently, it’s 8% above something called the “Accumulation Addresses Realized Price,” which sounds like a really complicated way of saying “what people paid for it.”
- Long-Term Holders Aren’t Panicking (Yet): Despite the chaos, some 17 million Ethereum have gone into the hands of people who apparently believe in this whole thing. They’ve upped their stash from 10 million to over 27 million. Bless their optimistic hearts. 🙏
- Charts: A Lot of Lines: The charts show…lines. And some of those lines are going up, and some are going down. Experts say if it breaks a certain line, things could get worse, or better! Groundbreaking stuff.
Right now, Ethereum is hanging out around $2,967.76. Which is down 23.4% in the last month. Ouch. But, according to some very smart people at CryptoQuant, it’s still a little bit above that magical “average cost basis” for the long-term believers. Basically, the people who bought high and are hoping to not lose all their money. 🤞
This “Accumulation Addresses Realized Price” thing? It’s apparently what smart investors pay when everything is down. They are kinda like vultures, but with more money. They swoop in during times stress. Lovely.
Apparently, Ethereum has only fallen below this price once before, when everything was generally terrible, a correlation that honestly feels very on brand. It was around April, when global economic uncertainty got so high, it exceeded even peak-COVID anxiety. I mean, personally, I’m still anxious about COVID, but you know. 🤷
So, in 2025, people just kept buying, pushing the total into these “accumulation addresses” from 10 to 27 million. This is either a sign of amazing confidence, or everyone’s just really bad at math. Jury’s still out.
And the charts! They show it’s almost below a major support level, but then it bounced back. Almost like a caffeinated chihuahua. The 50-week moving average is being a bit of a bully, refusing to let it go higher. If it breaks through, maybe things get exciting. If it doesn’t…well, don’t say I didn’t warn you. 😬
Analysts are saying this all looks a lot like what happened before, when it went down and then…went back up! Which is, frankly, comforting. Apparently, all these smart folks are watching this situation closely, which is just great news because someone needs to. 🤑
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2025-11-18 06:47