Key points:

• Ethereum owners return to profit, increasing the risk of rally to 3000 USD and more.

• The ether risk of sales pressure is 2,800 USD, where you can sell 2.27 million ETH.

According to Glasnode, the recent Ether augment to 2,200 USD on May 14 exceeded its value above the price implemented, which suggests that the average ETH owner is “back with unrealized profit.”

Ethereum trads above the cost base

Data from CointeLraph Markets Pro i TradingView It shows that the price of Ether (ETH) increased by over 52% to a three -month maximum USD $ 2,700 from $ 1800 $ 7, fueled with emotions around the Pectra update.

In this rally, ETH increased above the price or cost, currently at 1900 USD, paving the way to a potential rally to $ 3,000 or higher.

ETH owners return to profit after unrealized losses “provides significant financial relief for many owners, signaling stubborn perspectives”, Glassnode explained In your latest report.

Historically, in the early stages of the rally, the owners of the profit provided the rush up, keeping the company and attracting fresh investors.

Further analysis of the basics of lively costs of market participants showed “the strength of this movement up” because the price exceeded its real market average or the price of an lively investor is USD 2,400. This indicates that fresh flows of capital on the market at higher prices.

According to CointeLgraph, having above 2400 USD was crucial to ensure potential testing of $ 3,000.

Despite the recent results of Ether, Glassnode analysts noticed that the lively price is still at a general level of around USD 2,200 and remains a key level that must be “definitely recovered to support the continuous improvement of investors’ trust” in Altcoin.

The market intelligence company added:

“The range from 2400–2900 USD remains a key area for Ethereum, acting both as a resistance zone and the potential breakthrough necessary to keep the momentum up.”

Popular salesman Daan Crypto Trades he said This price of ETH must “break” in the range from 2,400 to 2600 USD before it increases to confront resistance from 2800 to 2850 USD.

“I am not looking much until at least we are convincingly free from this local range.

2.27 million ETH at USD 2800 can call a sale

According to Emerer Fundamental distribution dataInvestors have approximately 2.27 million ETH at an average cost of 2,267 USD, creating a potential retaining zone. This concentration suggests that many investors can sell after the threshold, potentially stopping the ether’s rush.

From a technical point of view, ETH must transfer a level of resistance of USD 3000 to support to focus higher maxims above USD 4,000.

But first the ETH/USD pair must be closed above the $ 2600–2800 USD, which currently has a 100-day and 50-day straight average movable (SMA). The price of ETH has fallen below this level in February, driven by the mood of risk after Trump’s tariff.

One positive catalyst of bulls may be further demand from ETF ETF. Ether ETFS has registered $ 100.7 million In net influx over the past three days, investors data to distant.

Meanwhile, bears will try to maintain resistance of $ 2,600 to increase the likelihood of price lowering. The direct goal is below USD 2,400 or 200-day SMA.

Below 2,300 USD, the next key interest area remains from USD 2,200 to a psychological level of $ 2,000. Achieving $ 1,800 would erase all the profits achieved after Pctr’s upgrade.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.