Over the past week, Ethereum$ETH quotes have shown low volatility, maintaining positions in a narrow range. Despite the absence of sharp price movements, a combination of technical charts and on-chain metrics indicates preparation for a significant exit from the consolidation phase
ETHUSDT
Perp
3,114.85
-1.16%
In particular, a trend reversal structure is forming in the market against the backdrop of a significant decrease in selling pressure.
An additional argument in favor of an optimistic scenario is provided by blockchain analytics data. The metric of long-term holders' net position change (Hodler Net Position Change) records fundamental changes in investor behavior. Since November 26, the volume of asset realization by this group has decreased from 1.1 million ETH to 54,427 ETH by December 23