Odaily News Glassnode published data on the X platform saying that ETH's cost basis distribution shows where potential short-term support levels could form. Although ETH's price briefly fell below the main accumulation area of $1,880, the addresses at that level basically did not respond to this decline, and a new accumulation range appeared at $1,900 (600,000 to 700,000 ETH). This suggests that if ETH consolidates at the current level, $1,900 may become a support level. The upper $2,200 (465,000 ETH piled up) is the potential next resistance level. The supply gap between $1,900 and $2,200 is still small, which makes it reasonable for ETH prices to rise to resistance in the short term.