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Ethereum is trading 17% below its cost basis.
Ethereum is trading 17% below the $ETH level, which represents the investor cost basis.
Data indicates that only two of the five bottoming indicators have reached historical reversal zones.
This outlook suggests that a recovery has not yet been confirmed, despite widespread loss pressure on ETH.
SEC decisions, macro fund flows, and network updates are being monitored for the asset's next direction
Ethereum is trading 17% below its cost basis.
Ethereum is trading 17% below the $ETH level, which represents the investor cost basis.
Data indicates that only two of the five bottoming indicators have reached historical reversal zones.
This outlook suggests that a recovery has not yet been confirmed, despite widespread loss pressure on ETH.
SEC decisions, macro fund flows, and network updates are being monitored for the asset's next direction