Ethereum Breaks Through $4,555 — Analyst Says Realized Price Distribution Shows Almost No Resistance

COINOTAG reported on October 5 that analyst @ali_charts observed, using the “Realized Price Distribution Chart”, that Ethereum exhibited almost no visible resistance after breaking above $4,555. The note attributes the assessment to on‑chain distribution data rather than trading conjecture.

The realized price distribution measures historical cost basis across addresses and can illuminate where holders are likely to defend positions. An absence of concentrated realized cost bands above the breakout level suggests limited aggregated supply at higher cost, though this is an indicator rather than a forecast.

Market participants should integrate this on‑chain signal with conventional metrics such as liquidity, order book depth and macro factors, and maintain disciplined risk management. All observations are derived from the analyst’s charting and warrant independent due diligence before trading decisions.