Opinion: Ethereum Faces Key Resistance at $4500, a Level Last Seen in March 2024 with Clear Cyclical Effects
By: theblockbeats.news|2025/07/30 06:42:19
BlockBeats News, July 30th, according to glassnode data, ETH's +1σ Realized Price Range (currently at $4500) marks a key upper threshold for the current rebound. This level acted as resistance in March 2024 and during the 2020-21 cycle, with a breakout usually signaling a bullish market sentiment and increasing structural instability risk.
Note: The "+1σ Realized Price Range" combines the Realized Price and the concept of standard deviation (σ, sigma) from statistics to assess market participants' average cost basis and price volatility.
Revolut to Establish Tech Hub in Manila, Philippines
Approximately $25.16 billion worth of ETH is currently queued to exit the Ethereum PoS network, while approximately $8.92 billion worth of ETH is waiting to join.
You may also like
Share
Gainers
Latest Crypto News
15:45
Deutsche Bank: If the next Fed Chair fails to effectively address inflation risks, the US Dollar may face downward pressure
15:45
Nine-Time Winning Trader Suffers First Defeat, Closing Out Short Position with Over $1.78 Million in Losses
15:45
The U.S. Money Market Asset Size Exceeds $8 Trillion for the First Time
15:15
Chicago Mercantile Exchange (CME): CME Clearing of Securities Expected to Launch in Q2 2026
15:15
OpenAI is developing a large language model named "GARLIC."
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com