Ethereum (ETH) has likely reached a bottom based on several on-chain metrics, according to crypto analytics firm Glassnode. Glassnode takes a look at a cost basis distribution (CBD) heatmap, which shows how many ETH positions break even at each price level and can often be used to pinpoint support and resistance zones. The firm says […]
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source: https://dailyhodl.com/2025/03/17/ethereum-likely-at-price-floor-following-capitulation-crash-according-to-analytics-firm-glassnode/