Ethereum Reclaims Realized Price, Bulls Take Charge

Ethereum has regained its realized price after a prolonged period below it. The network's aggregate cost basis, or realized price, sat at $2467.89 for 107 days before Ethereum reclaimed it.

This development pushes the average holder into unrealized profit territory. The ETH price action is currently bullish as the asset trades above the EMA50 support at $2418.29 within a defined structure by the EMA200 at $2155.99.

However, momentum remains capped due to the MACD death cross at 0.15, and the RSI neutral reading of 53.56 indicates no clear trend bias. The asset is testing the upper Bollinger band resistance near $2525.77.