CryptoQuant Sees Ethereum Cost Basis Floor at $2.7K–$2.8K as Price Hovers Near $3.1K
Ethereum is consolidating around $3,100 as traders watch whether a longer-term support holds. According to CryptoQuant, the realized price for accumulating addresses has stabilized near $2,700–$2,800, suggesting a structural cost floor. Analysts note the 50-day and 100-day averages act as resistance, while a reclaim of $3,300 would be needed to shift momentum.