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

Odaily Planet Daily News Cryptoquant analyst theKriptolik published an analysis pointing out that Ethereum has fallen below its "realized price" of around $2,300. The "realized price" is the price of each Ethereum when it is last transferred through the blockchain. It is one of the indicators for recalculating the market value of cryptocurrencies. The average of all transaction prices is the realized price. Compared with the current market price, it can more truly reflect the average holding cost of investors. This indicator usually forms a key support or resistance level. When ETH falls below the realized price, it means that most holders are in a floating loss state. In periods of market panic (such as now), it is very easy to trigger a "cut-meat" sell-off. If a large-scale sell-off occurs, it marks the beginning of the "surrender stage" and a collective collapse of investor confidence. Historical data shows that falling below the realized price usually occurs at the end of a major downward trend. On-chain data shows that when the ETH price falls below the realized price, there is an 80% probability of appearing in the long-term bottom area, and the average rebound in the next 6 months is 217%. At the same time, falling below the realized price has also been proven by history to be a strategic accumulation range for long-term investors. In the short term, Ethereum's fall below the realized price reflects that the market is in panic, but from the perspective of historical cycles, the current price may be building a rare golden opportunity.