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Bitcoin Inflates: Signs of Another Bubble?
So, Bitcoin is back on stage and seems to be dancing a familiar dance. Every time the price of Bitcoin soars to new heights, investors and analysts begin to wonder: is this the moment when we will see the bubble burst with a loud pop again? Let's talk about the signs that make us suggest that cryptocurrency is once again on a dangerous path to overheating.
🚨 ETH MVRV Nearly 2x — Are Bulls Ready to Lock in Gains or Push Higher?
Ethereum’s MVRV has climbed to ~1.97 – nearly double what many holders paid. That’s good news for bulls… but also a warning shot: where upside looks crowded, corrections tend to show up.
📊 If ETH holds above $4,300-$4,400 support, resistance at $4,800-$5,000 is within reach.
⚠️ If that support cracks, expect short-term pullback toward $4,000-$4,200.
Either way, this zone is shaping up to dictate the next move — profit takers vs breakout seekers.
#Ethereum #ETH #CryptoNews #MVRV #Overheating #SupportResistance
Ethereum’s MVRV has climbed to ~1.97 – nearly double what many holders paid. That’s good news for bulls… but also a warning shot: where upside looks crowded, corrections tend to show up.
📊 If ETH holds above $4,300-$4,400 support, resistance at $4,800-$5,000 is within reach.
⚠️ If that support cracks, expect short-term pullback toward $4,000-$4,200.
Either way, this zone is shaping up to dictate the next move — profit takers vs breakout seekers.
#Ethereum #ETH #CryptoNews #MVRV #Overheating #SupportResistance
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