#ETH update
Ethereum is currently trading ~85% above its average acquisition cost.
From 2020 to 2021, #ETH showed a strong, steady uptrend. But in 2024, the pattern shifted, with clear market tops forming in March, May, and December.
This signals a potential change in market behavior: instead of linear growth, #ETH is now moving in defined cycles of accumulation and distribution.
Ethereum is currently trading ~85% above its average acquisition cost.
From 2020 to 2021, #ETH showed a strong, steady uptrend. But in 2024, the pattern shifted, with clear market tops forming in March, May, and December.
This signals a potential change in market behavior: instead of linear growth, #ETH is now moving in defined cycles of accumulation and distribution.
1 yr. ago
