Analyst suggests wait-and-see approach for ETH near key price level

With Ethereum trading near its realized price, a wait-and-see approach may be more appropriate than aggressive entry from a mid-to-long-term perspective, according to crypto analyst Darkfost. In a post on X, he noted that ETH is moving within a short-term range around $2,150, close to the average investor purchase price of $2,300. Darkfost explained that this price level is currently acting as a resistance line, and some investors may be inclined to sell at their break-even point. He concluded that for mid-to-long-term investors, a waiting strategy could be more effective than immediate entry.