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Ethereum Stays Below Realized Price: Once-In-A-Cycle Opportunity?

  • Ethereum experienced a powerful bounce, surging over 21% from its recent low of $1,380.
  • Despite the relief rally, Ethereum still trades below critical technical levels, raising caution among analysts.
  • On-chain data suggests that Ethereum's current price is below its realized price, signaling a potential buying opportunity for contrarian investors.
  • For Ethereum to regain control and initiate a stronger recovery, it needs to push above the $1,850 resistance level.

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