📉 ETH MVRV has dropped to 0.87!
The majority of Ethereum investors are currently at a loss.
This rate is at its lowest levels since 2022.
📊 Historically, the 0.8-0.9 range is seen as a bottom area.
So what does this mean? 👇
🧠 What is MVRV?
Market value of ETH / realized value.
> MVRV < 1: Investors are at an average loss
MVRV > 1: Investors are at an average profit
🔍 Current level (0.87) = Possible bottom signal.
But be careful: This alone is not a bullish signal.
To confirm a bottom reversal, MVRV needs to rise above 1 again.
⏳ Patience and a data-driven strategy are invaluable during this period.
#Ethereum $ETH #MVRV #OnchainData #CryptoAnalysis