📉 ETH Undervalued?
Ethereum’s MVRV ratio at 0.9 signals potential undervaluation. Historically, MVRV below 1 has been a strong entry point for investors, hinting at a possible bullish reversal.
📈 Bullish Price Action
ETH is testing a key demand zone near $1.6K, a critical level amid its recent bearish trend. A 2.57% price surge suggests growing buying pressure, with whales stepping in.
🐋 Whales Fuel Rally Speculation
Data shows 44% of market activity is driven by whales, signaling increasing confidence in ETH’s upside potential. Their participation historically precedes major rallies.
🔥 Golden Opportunity?
With ETH testing key support and whales accumulating, a bullish breakout may be imminent. If momentum holds, ETH could rebound strongly, offering an opportunity for dip buyers.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
