PANews reported on July 22 that according to Sentora monitoring, more than 90% of Ethereum addresses are currently in a profitable state, a new high since December 2024. Since there are relatively few addresses that have purchased Ethereum above the current price, the on-chain resistance appears to be weak. The first significant resistance level is slightly below the $4,000 mark, and currently about 2.39 million addresses hold ETH that is still in a loss.