以太坊（ETH）直到3417美元才面臨任何阻力，開闢了通往商標的道路

鏈上的數據表明，直到3417美元，以太坊才能面對任何主要的阻力水平，這可能會開闢標記的道路。

In a new post on X, on-chain analytics firm Glassnode has looked at how the Cost Basis Distribution is now showing a critical level of resistance for Ethereum.

在X上的一篇新帖子中，鏈分析公司玻璃節點研究了成本基礎分佈現在如何顯示以太坊的關鍵水平。

The “Cost Basis Distribution” is an indicator that shows the amount of an asset’s supply that was last purchased at a specific price. This indicator can be useful for gauging the potential support or resistance at various price tiers.

“成本基礎分配”是一個指標，該指標顯示了上次以特定價格購買的資產供應量。該指標對於以各種價格層的方式衡量潛在的支持或阻力很有用。

As displayed in the above graph, Ethereum has managed to break through a few notable supply levels with the latest price surge. Both the $2,700 and $2,740 levels hold the cost basis of about 1.3 million ETH, while the $2,760 mark holds that of 800,000 ETH. In on-chain analysis, levels concentrated with supply are considered important due to the investors reacting to price interactions with their cost basis.

如上圖所示，以太坊設法通過最新的價格上漲了一些值得注意的供應水平。 $ 2,700和2,740美元的水平都持有約130萬ETH的成本基礎，而2,760美元的Mark持有80萬ETH的成本基礎。在鏈分析中，由於投資者對價格互動與成本基礎做出反應，因此認為集中於供應的水平被認為很重要。

When this retest occurs from below, the holders may react by selling their coins. As seen during the cryptocurrency winter, loss investors can be desperate to get back into the green, so when the price does return to their break-even, they can panic and exit out of fear that they will go back underwater in the near future.

當這種重新測試是從下面發生的，持有人可能會通過出售硬幣做出反應。正如在加密貨幣冬季看到的那樣，投資者可能會迫切希望重返綠色，因此，當價格確實恢復到收支平衡時，他們可能會驚慌失措，因為擔心他們會在不久的將來會回到水下。

Naturally, the more investors that share their cost basis at a particular level, the stronger this selling reaction tends to be. As such, levels above that hold a significant amount of supply can act as resistance barriers to ETH’s price. Ethereum was earlier stuck in the $2,500-$2,700 range for a month, potentially because of this resistance effect, but now the cryptocurrency has finally reclaimed them.

自然，在特定水平上共享其成本基礎的投資者越多，這種銷售反應越強。因此，高於供應量的水平可以充當ETH價格的阻力障礙。以太坊早些時候被困在一個月的2,500- $ 2,700範圍內，這可能是由於這種阻力效應，但現在加密貨幣終於收回了它們。

Just like how strong levels above can pose resistance, those below can be a center of support instead. As such, it’s possible that the role of the $2,700, $2,740, and $2,760 supply walls would now change. “These investors accumulated during consolidation and now will potentially form a strong support zone,” adds Glassnode.

就像上面的強度如何施加阻力一樣，下面的水平也可以成為支持的中心。因此，現在有可能改變2,700美元，2,740美元和2,760美元的供應牆的作用。 GlassNode補充說：“這些投資者在合併期間積累，現在可能會形成強大的支持區。”

The support effect can arise from holders carrying a bullish mindset and viewing declines to their cost basis as dip-buying opportunities, or simply from them wanting to protect their acquisition boundary.

支持效果可能是由持有看漲心態的持有人引起的，並將其視為銷售機會的成本基礎，或者只是想保護他們的收購邊界。

Now, here is another chart shared by the analytics firm that shows how the Ethereum Cost Basis Distribution looks for the levels ahead of the latest spot value:

現在，這是分析公司共享的另一幅圖表，該圖表顯示了以太坊成本基礎分佈如何在最新的點值之前尋找水平：

As the firm explains, “The levels ahead have a more uniform distribution of coins, with no extreme clusters until $3.42K, where 607,950 coins have their cost basis.”

正如該公司所解釋的那樣：“未來的水平的硬幣分佈更加均勻，直到3.42k美元，607,950枚硬幣的成本為基礎，沒有極端的集群。”

Before this mark, the price levels have 200,000 to 400,000 ETH at every $50 gap. In comparison, the $3,417 level is where the majority of the cryptocurrency’s supply has its cost basis.

在此商標之前，價格水平在每50美元的差距下都有200,000至40萬ETH。相比之下，$ 3,417的水平是加密貨幣的大多數供應的成本基礎。

“If the $2.70K–$2.76K support range holds, the path to $3.42K remains technically open – but the response from holders in the $2.8K–$3.3K range will define how quickly ETH can climb – currently, it’s already 47.5% up QTD,” concludes Glassnode.

“如果$ 2.70k - 2.76k $ 2.76K的支撐範圍內，達到$ 3.42K的路徑在技術上仍然開放 - 但是持有者在$ 2.8K- $ 3.3K範圍內的反應將定義ETH可以攀升的速度 - 目前，QTD已經47.5％，QTD上漲了47.5％。”