Attention friends monitoring Ethereum price movements—ETH is now approaching the realized price line of the accumulation address, a critical support level. This orange line represents the average cost basis of the coin-holding addresses, and the market has historically stabilized around this area.

Let's review—each time the price retraced to this line in the past, the market successfully held steady. This time is no different; this support level is definitely significant. Why? Because it reflects the distribution of large holder costs. When the price reaches this zone, the psychological defense of the holders is at its strongest.

This is not just a number on a technical chart; behind it are real on-chain data speaking volumes. Whether ETH can hold this position will determine the short-term direction. Keep an eye on this line—it will reveal the market's true sentiment.