Ethereum Dip Offers Potential Buying Opportunity for Long-Term Investors

Recent price drops in Ethereum (ETH) have fallen below the crucial $2,000 mark, sparking concerns among market participants. However, on-chain data service CryptoQuant suggests this downturn presents a strategic buying opportunity for investors with a long-term perspective. The ‘realized price,’ reflecting the average transaction value of ETH over time, offers a more accurate picture of market sentiment compared to current trading prices. This metric can act as both support and resistance for ETH investors.