Token Distribution: ETH Price Has Fallen Below $1,873.54, Entering a Sparse Token Zone

PRO chip distribution data shows: Over the past six months, 50% of ETH trading chips were concentrated in the $1,873.54 to $2,274.30 range. Currently, the ETH price is $1,858.33, which has broken below the lower edge of this dense zone ($1,873.54), about 0.81% below the lower edge, and has entered a relatively sparse chip area. Historical data indicates that when the price enters a sparse chip area, it’s easy for accelerated market moves to occur. Special attention should be paid to whether the price can hold in the new range to confirm the effectiveness of the breakout. PRO users can use the "Chip Distribution" indicator to confirm trading volume changes during a breakout and differentiate between genuine and false breakouts. Data is for reference only.