Chip Distribution: ETH is operating in the middle of the chip range, currently located in the strong zone slightly above the POC
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Chip distribution data shows: In the past six months, 50% of ETH transaction chips were concentrated in the $1,836.70-$2,390.43 range, with the most concentrated price (POC) at $2,063.23. Currently, ETH is trading in the middle of this range and above the POC price, which means the POC price has shifted from a cost line to a psychological support line. As long as the price does not fall below the POC, the short-term bullish pattern remains. If the price drops below the POC on heavy volume, the bullish advantage will be lost. PRO "Chip Distribution" supports switching to more time frames to observe the evolution trend of the POC, helping to judge whether the support is strong. Data is for reference only.
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