<ul><li>Analysts believe that the $1,886 price level could act as a strong support for Ethereum (ETH) in case of further price decline.</li><li>Glassnode's Cost Basis Distribution (CBD) data shows that investors accumulated an additional 300,000 ETH at the $1,886 price level.</li><li>Ethereum is currently trading at $1,924 with a 5% gain in the last 24 hours, but the market remains in a downtrend.</li><li>If the price falls below $1,886, lower levels at $1,650 and $1,132 could be potential targets.</li></ul>

Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details

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