From the data point of view, Ethereum is still in the main spot accumulation stage

Since this round of bull market, Ethereum has experienced 3 rounds of spot accumulation and is now in the fourth round of accumulation, but the fluctuation range of this round is slightly larger than the previous three rounds:

First round: August 2023-October 2023, accumulation range 1750-1520, fluctuation range 13%, final high point 2700, increase 70%

Second round: January 2024, accumulation range 2500-2200, fluctuation range 12%, final high point 4100, increase 70%

Third round: mid-April 2024- In mid-May 2024, the accumulation range is 3200-2800, the fluctuation range is 13%, and the final high point is 4000, with an increase of nearly 40%

Fourth round: mid-June 2024-now, the accumulation range is 3500-2800, the fluctuation range is 20%, and the next trend can be observed

Finally: The spot accumulation mentioned here is not the kind of situation that many retail investors understand, that is, they keep buying and never selling. From the data point of view, the profit expectation of the main spot is 40%-70%. When entering this profit range, the main force will start to stop profit. This is the real transaction #eth