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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #1630 7.54K
Following recent positive momentum across crypto markets, ETH has reclaimed the 1-3 month holder cost basis at $2.3k.
So far, this structure is consistent with a bear market relief rally, comparable to the bounces observed in Q3-Q4 2022, rather than a structural trend reversal.

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