Ethereum falls below the “realized price”, and the historical backtest may enter the strategic accumulation range for long-term investors

Planet Daily News: Cryptoquant analyst theKriptolik released an analysis pointing out that ETH has fallen below its "realized price" of around $2,300. The "realized price" is the price of each ETH when it was last transferred on the blockchain, and is one of the indicators for recalculating the market value of cryptocurrency. It represents the average price of all transactions and can more accurately reflect investors' average holding cost. This indicator typically forms key support or resistance levels. When ETH falls below the realized price, it means most token holders are in a state of floating loss. During periods of market panic (like now), this easily triggers "panic selling". If large-scale selling occurs, it signals the start of a "surrender phase" with collective investor confidence collapse. Historical data shows that breaking the realized price usually occurs near the end of major downward trends. On-chain data indicates that when ETH price breaks the realized price, there is an 80% probability of being in a long-term bottom area, with an average rebound of 217% in the subsequent 6 months. Breaking the realized price has also been historically proven to be a strategic accumulation interval for long-term investors. In the short term, ETH breaking the realized price reflects market panic, but from a historical cycle perspective, the current price may be constructing a rare golden buying opportunity.