Analysis: 75% of ETH holders are now in profit, and there is no major resistance area before breaking through the $2,500 price level.

IntoTheBlock inflow/outflow data shows that 75% of ETH holders are currently in the black, and there is no serious resistance zone before ETH price rises above $2,500. However, this does not necessarily mean that ETH can successfully rise to new all-time highs. Historically, it has been common for investors to take profits at these levels, often resulting in a price correction. However, this is unlikely to have a significant impact on Ethereum’s long-term trend.