Ethereum investors globally correct their positions

Ethereium market participants actively averaging positions in the conditions of the volatile market. The price of ETH first increased to $ 2500, and then decreased to $ 2050, which reminded of the levels of November 2023. According to Glassnode analysts, the market demonstrates obvious signs of optimization of positions against the background of vibrations. The situation makes it possible to purchase assets at a more favorable value.

Analysis of cost distribution showed that the initial price for many investors was $ 3500. These market participants actively reduced the basic value during February. They entered transactions both at a peak of $ 2500 and at a minimum of $ 2050. As a result, their average purchase price decreased by about 10%, and now they own 1.75 million ETH at $ 3200.

According to the data, on March 1 there was an accumulation of approximately 500 thousand ETH at a price of $ 2200. However, these coins quickly redistributed at a local peak of $ 2500. This behavior indicates the high activity of investors in risk management. Market participants use fluctuations to optimize their costs.

The key level of resistance was $ 2800, where about 800 thousand are accumulated. This mark can serve as an important entry point for large players and a signal to restore price. The accumulation on the resistance indicates a possible change in the dynamics of the market. Investors carefully monitor this area for decision -making.

Active position management demonstrates the confidence of both institutional and retail participants. A decrease in the basic value makes it possible to buy a virtual asset at a more attractive price. Market volatility stimulates the redistribution of capital and optimization of expenses. Long -term Ethereum prospects They remain positive despite short -term fluctuations.

Author

Peter Ivanov