
Is This a Trap or a Buying Opportunity?
– Advertisement – ETH’s MVRV ratio (0.76) signals undervaluation, historically a rebound precursor, but current exchange inflows show hesitant dip-buying behavior. LTH NUPL in red parallels 2022’s capitulation phase, raising risks of cascading sell-offs below critical $1,500 support level. Ethereum’s price recently fell below $1,500, a threshold it had maintained for over two years. This…