Ethereum (ETH) is hovering near $2,300 on Tuesday, following signs of distribution across key onchain metrics over the past week, as US-Iran peace talks leave the market in a state of uncertainty. The Accumulation Addresses Realized Price (AARP) has historically acted as a support level. However, since ETH declined below it for the first time in February, the level has served as a resistance, with supply outweighing demand whenever prices approach it. The AARP resistance at $2,400 kicked in again over the past week as ETH saw distribution near the level. The selling was spearheaded by the retail cohort (wallets ... (full story)