Altcoins News
By Dan Saada
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Ethereum’s Market Struggles: The Data Behind the Losses. According to data from IntoTheBlock, 73.97% of the Ethereum supply, equivalent to approximately 106.
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Key Resistance and Support Levels. A deeper analysis into Ethereum’s on-chain data highlights a significant resistance zone.
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Ethereum’s Price Struggles to Break Resistance. The $2,200–$2,580 resistance range has continued to reappear in successive data runs, reaffirming…
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Large-Scale Withdrawals and Market Sentiment. Supporting the bearish narrative, Ethereum’s exchange netflow data reveals a marked trend of…
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Realized Losses and Investor Sentiment. Ethereum’s Network Realized Profit/Loss (NRPL) chart further underscores the bearish sentiment in…
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Conclusion: Ethereum's Uncertain Future. Despite Ethereum’s strong fundamentals and network growth, the market sentiment remains weak, with…
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Ethereum is currently facing a challenging market environment, with recent on-chain data revealing that nearly 74% of the supply is held at a loss.
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According to data from IntoTheBlock, 73.97% of the Ethereum supply, equivalent to approximately 106.75 million ETH, is currently held at a loss. In contrast, only 24.
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A deeper analysis into Ethereum’s on-chain data highlights a significant resistance zone. Nearly 45% of Ethereum’s supply, around 66.
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On the other hand, support levels appear to be fragile. Only 2.83 million ETH (roughly 1.96% of the supply) is currently “at the money,” having been purchased between $1,786 and…
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In a market where sell-side pressure dominates, Ethereum could continue to struggle to break this range.
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While such withdrawals can signal long-term holding intentions, they also reflect a low appetite for spot exposure, which could further limit buying demand.
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Additionally, Ethereum’s GIOM (Gains in Out-of-Money) chart shows that most holders are underwater, with a significant portion of the supply bought at higher levels between…
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