以太坊（ETH）直到3417美元才面临任何阻力，开辟了通往商标的道路

链上的数据表明，直到3417美元，以太坊才能面对任何主要的阻力水平，这可能会开辟标记的道路。

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，链分析公司玻璃节点研究了成本基础分布现在如何显示以太坊的关键水平。

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.

“成本基础分配”是一个指标，该指标显示了上次以特定价格购买的资产供应量。该指标对于以各种价格层的方式衡量潜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.

如上图所示，以太坊设法通过最新的价格上涨了一些值得注意的供应水平。 $ 2,700和2,740美元的水平都持有约130万ETH的成本基础，而2,760美元的Mark持有80万ETH的成本基础。在链分析中，由于投资者对价格互动与成本基础做出反应，因此认为集中于供应的水平被认为很重要。

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.

当这种重新测试是从下面发生的，持有人可能会通过出售硬币做出反应。正如在加密货币冬季看到的那样，投资者可能会迫切希望重返绿色，因此，当价格确实恢复到收支平衡时，他们可能会惊慌失措，因为担心他们会在不久的将来会回到水下。

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础的投资者越多，这种销售反应越强。因此，高于供应量的水平可以充当ETH价格的阻力障碍。以太坊早些时候被困在一个月的2,500- $ 2,700范围内，这可能是由于这种阻力效应，但现在加密货币终于收回了它们。

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.

就像上面的强度如何施加阻力一样，下面的水平也可以成为支持的中心。因此，现在有可能改变2,700美元，2,740美元和2,760美元的供应墙的作用。 GlassNode补充说：“这些投资者在合并期间积累，现在可能会形成强大的支持区。”

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涨心态的持有人引起的，并将其视为销售机会的成本基础，或者只是想保护他们的收购边界。

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:

现在，这是分析公司共享的另一幅图表，该图表显示了以太坊成本基础分布如何在最新的点值之前寻找水平：

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.”

正如该公司所解释的那样：“未来的水平的硬币分布更加均匀，直到3.42k美元，607,950枚硬币的成本为基础，没有极端的集群。”

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.

在此商标之前，价格水平在每50美元的差距下都有200,000至40万ETH。相比之下，$ 3,417的水平是加密货币的大多数供应的成本基础。

“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的支撑范围内，达到$ 3.42K的路径在技术上仍然开放 - 但是持有者在$ 2.8K- $ 3.3K范围内的反应将定义ETH可以攀升的速度 - 目前，QTD已经47.5％，QTD上涨了47.5％。”