Incredible Comeback! 😱🚀 Is Ethereum about to surpass Bitcoin? MVRV signals explode but hidden crises loom! 🔥

Could Ethereum (ETH) repeat the legendary rise over Bitcoin (BTC) as it did in 2019? The ETH/BTC MVRV ratio has hit a new undervaluation low, suggesting explosive potential! 📈 But supply inflation and sluggish on-chain activity are holding it back, can ETH turn the tide? Come and see! 👇

The Truth Behind ETH's Comeback

Undervaluation Signal: The ETH/BTC MVRV ratio has returned to the 2019 low, when ETH outperformed BTC for several months; speculative funds and altcoin enthusiasm may reignite!

Bullish Momentum: 85,000 ETH withdrawn from Binance, exchange selling pressure sharply reduced, ETH back above $1900, whale accumulation may trigger supply tightening rebound!

Serious Concerns: ETH supply surpasses 120.7 million, hitting a new high; burn rate decreases, inflationary pressure rises; active addresses stagnate, institutional and retail enthusiasm cools.

Risk Warning

Without new catalysts, ETH may struggle to replicate historical surges, caution is advised for a pullback below $1900!

Conclusion

ETH is poised for a breakout but faces multiple crises! Are you bullish or cautious? Join the heated discussion! 💥🌟