Glassnode: ETH has a bullish signal, but $2900 remains a key resistance

2025-05-23 08:58

According to Glassnode data, the price of ETH broke through its realized price of $1900 in May, indicating that most holders have regained profits. Currently, ETH has reached the True Market Mean of $2400, indicating a bullish signal; But to further enhance market confidence, it is still necessary to effectively break through the Active Realized Price of $2900.

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