ETH/BTC has now retraced most of its bounce from the cycle lows.
However, if its finds support soon we could finally see a higher low or double bottom, potentially leading to another move higher.

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Here is the English translation, with <> elements retained as is:

Author: Bitcoin Magazine Pro
Translator: Bai Hua Blockchain

As <Bit>Bitcoin</Bit> now routinely enters the six-figure range, higher prices also seem to be a given. By analyzing key on-chain data, valuable insights can be provided into the basic health of the market. After understanding these indicators, investors can better predict price trends and prepare for potential market peaks or impending corrections.

1. Realized Price
The "Realized Price" indicator combines Coin Days Destroyed (CDD) and <Bit>Bitcoin</Bit> supply to provide a weighted average of the price at which <Bit>Bitcoin</Bit> last moved.

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