Key results:

• Ethereum recorded a record 449,000 ETH influx for accumulation on April 22.

• Lively addresses increased by 10%, signaling the growing network involvement, but the DEFI activity remains impoverished with decreasing DEX volumes.

• Holders in accumulation addresses remain under water with a price of 1,981 USD.

Over the past 10 days, Ethereum has been on accumulation, reached the highest levels since 2018. April 22, record -breaking 449,000 ether (ETH), with an average price of 1750 USD, affected these addresses, meaning the most significant one -day influx in Ethereum history. This raise suggests that long -term owners remain positive about the future of Ethereum, despite the last drops in price.

However, the completed price of these accumulation addresses is USD 1,981, which means that these owners are currently lossy, because the current market price is lower than this level. In particular, the completed price was lower than the Ethereum market price since 2018, only recently exceeded it, which indicates a change in the owner’s dynamics.

Ethereum activity outside has also shown a positive shoot in the last few days. Between April 20 and 22, Lively network addresses increased by 10%, from 306 211 to 336 366. This raise and raise in growth prices and stubborn moods.

However, decentralized financial activity (DEFI) remains subdued. Data from Bronze It indicates that decentralized replacement volume (DEX) falls, while the transactions persist at a constant level of about 1.3 million, which is suggested by a confined DEFI rush.

Related: Ethereum is reflected when the dominance on the market regains all time

Ethereum is in the face of a key resistance at USD 1,895

According to Distribution of basic costs (CBD) Heat map In the case of Ethereum, a significant concentration of supply is highlighted at 1,895.50 USD, where investors who bought in November 2024 were identified 1.64 million ETH.

Based on technical analysis, resistance to USD 1895 receives further confirmation. The price rises near the 50-day interpretation average mobile daily chart (EMA), a critical index of trend reversal. Failure to comply with this EMA can signal further shoot, while indefinite movement higher can give hope for bulls.

Despite this, Ethereum remains in a clear bottom on the higher time charts, without the final signs of stubborn reversal. Daily approach above USD 2142 is necessary to cause potential recovery, interrupting the pattern of lower levels and lower low.

However, an anonymous REMTPROOF trader warns The resulting bear of the fractal – a repeated price pattern, which previously led to a decline. This suggests that Ethereum can face another rejection and falls below 1,Dex of USD if the markets begin to fall again.

Related: Institutions will break with Ethereum, but keep ETH on the hook

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.