#ate ETH 10th Anniversary Investment Zone#  Ethereum Holds Firm Despite Market Decline—But $4,500 Is a Critical Turning Point.

Ethereum has been trading sideways over the past ten days, but the broader cryptocurrency market has experienced significant price declines.

This suggests Ethereum is resilient, but ETH has yet to reach a definitive turning point, which is crucial for triggering a broader price reversal.

Ethereum Has a Long Way to Go

Ethereum's Realized Price to Viability ratio points to a key threshold in the current rally. This ratio indicates that the current upward resistance for Ethereum is $4,500. This level has served as a significant barrier in past market cycles. Specifically, this price point acted as resistance in March 2024 and during the 2020–2021 market cycle.

Historically, breakouts above $4,500 increase market enthusiasm and the risk of structural instability, making it a critical structural turning point for Ethereum. Consequently, this price level is not only a resistance level but also a potential decisive turning point for Ethereum.

Ethereum's macro momentum is influenced by the concentration of active addresses. Almost 47% of these addresses currently belong to investors who are profitable. While this may seem like a positive sign, it raises concerns in the short term.

Profit-earning investors tend to hold onto their gains, which can lead to increased selling pressure on Ethereum. This could slow Ethereum's potential rally and prevent the altcoin from achieving significant gains in the near future.

ETH Price Holds Above Support

Ethereum is currently trading at $3,858 and comfortably above the local support level of $3,742. The Parabolic SAR indicator is below the candlestick pattern, indicating an active uptrend.

This suggests that Ethereum is currently in a moderately bullish trend and could rise further. Given current market sentiment and price action, Ethereum could move towards the $4,000 level, turning it into support and rising to $4,200 in the near future.

However, there is a caveat. If Ethereum experiences increased selling pressure due to profit-taking or broader market conditions, the price could drop to the $3,530 support level. If Ethereum falls below this critical support, it would invalidate the bullish thesis and signal a reversal in market sentiment.

#BTC & ETH Launchpool Yield Exceeds 3%#