
Ethereum Price Surges: Can ETH Break Key Resistance at $3,500?
Ethereum (ETH) is currently at a pivotal moment, as market reports claim that its Market Value to Realized Value (MVRV) ratio has recently dipped below the 160-day moving average. This trend has historically indicated possible Ethereum price corrections, reminiscent of June 23, 2024, when ETH experienced a significant drop of 40%, falling from $3,500 to…