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ethereum HITS key accumulation level – long-term holders are BACK IN THE GAME 🚀💎🔥 only 8% away from historic
ethereum approaching a critical accumulation zone: long-term holders eyeing key support level of $2,895, historically a strong rebound point, potentially signaling value
Ethereum nears a crucial accumulation zone, indicated by on-chain data suggesting long-term holders might start accumulating again. 📈 The $2,895 level represents the average cost basis for these investors. Historically, this zone has acted as strong support during market corrections, paving the way for potential rebounds. 🚀 If ETH falls another 8%, it could reach this key level, historically a robust accumulation zone signaling value and resilience. Kesmeci notes ETH is unlikely to stay below $2,900 for long.
Ethereum Nears Historic Accumulation Level – Just 8% of LTH Cost Base
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