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The price of Ethereum reflected the last market movements in Bitcoin. ETH witnessed the performance of Rollercoasster earlier this week before recovering, an increase of 10 % in the past 24 hours. This recovery follows a wider correction in the market that initially led to fear among investors.
while Ethereum performance It is still closely related to the Bitcoin price procedures, modern data indicates that ETH may enter a renewable accumulation stage.
MVRV ratio and institutional accumulation trends
A mail The download on the QuickTake Cryptoquant platform by a contributor known as Mac in particular to the market value of ETHEREUM to the percentage of the achieved value (MVRV), indicates that the assets are currently denied by their value.
The latest data indicates that investors wide Support at main price levels. According to Mac, these accumulation patterns can affect the ETHEREUM path in the coming weeks.
Mac revealed that the MVRV ratio, a key scale on the chain is used to assess whether the original has been estimated or less than the value, decreased less than 1 for Ethereum. Historically, these levels refer to an area of less than its value, which means that ETHEREUM is trading near the average purchase price for all holders, including institutional investors.
ETH MVRV: Access to an area of less than its high value
“When MVRV decreases to less than 1, it indicates entering an area of less than its value in the course, indicating an opportunity to buy at a level close to the average purchase price for all pregnant holders (including Pisces investors).” – By @mac_d46035 pic.twitter.com/urj348tzng
– Cryptoquant.com (Cryptoquant_com) March 5, 2025
The analyst also stated that in previous market courses, when MVRV fell from Ethereum to less than 1, followed by remarkable prices. In addition, there was an increase in the number of ETH accumulation addresses – the provinces that received ETH but never withdrawn.
This indicates that investors and large institutions increase their holdings strategically, especially in the current The price range of $ 2,200 – 2,300 dollarsWhere the price achieved for the Pisces is concentrated. This level is expected to be a strong support area, which enhances the possibility of continuous accumulation.
Market conditions and long -term ethereum expectations
Beyond accumulation trends, Overage economics factors Continue playing a role in forming ETHEREUM price movements. MAC pointed out that liquidity policies in the United States, especially the Trump administration’s commercial and monetary policies, have so far affected the performance of risk assets, including cryptocurrencies.
More strip monetary policies and inflation fears can contribute to “”Sharp price“Despite this possibility, Mac concluded, indicating:
However, Ethereum still maintains its location as the second largest encrypted currency depending on the maximum market, a network installed with thousands of mature Defi projects. In this way, it is possible that the more institutional investors will accumulate in this area of less than its value. Therefore, from a long -term perspective, the ETHEREUM view remains positive.
A distinctive image created with Dall-E, the tradingView chart
