Chip distribution: ETH is operating in the middle of the chip zone, currently in a strong area above the POC.
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Chip distribution data shows that in the past six months, 50% of ETH trading chips were concentrated in the $1,866.76–$2,346.13 range, with the most concentrated price (POC) at $2,062.87. Currently, the ETH price is operating in the middle of this range and above the POC price, which means that the POC level has shifted from being a cost line to a psychological support line. As long as the price does not fall below the POC, the short-term bullish pattern is maintained. If there is a significant drop below the POC, the bullish advantage will be lost. PRO "Chip Distribution" supports switching between more periods to view the evolution trend of the POC and helps determine the strength of support. Data is for reference only.
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