📉 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