Data: Ethereum's MVRV ratio is now at bear market levels
Golden Finance reports, according to IntoTheBlock data, the MVRV (Market Value to Realized Value Ratio) of Ethereum (ETH) is currently about 0.9. This level is not common in Ethereum's history and usually occurs during bear markets. Historical data shows that when the MVRV ratio is below 1, it often coincides with a good entry point for Ethereum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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