🚀🚀🚀 MVRV tells you: Ethereum is far from its peak, this wave might surprise you
Many people see ETH rushing to nearly 4300, close to 4400 USD, and start to panic,
worrying that the market has peaked (might need to correct), but I can definitely tell you that Ethereum's situation is not like that.
The basis for judgment is the MVRV indicator (Market Value/Realized Value), its current value has not yet reached historical extreme highs,
which means there is still distance from overheating, indicating that ETH still has room to rise further. Without more unnecessary words, those who follow me know why Ethereum is rising, I've explained it in the previous two articles, those who haven't read it can take a look first.
Additionally, since July 10th, over 1.1 million ETH has been quietly accumulated by multiple unknown whales and institutions through exchanges or institutional business platforms, which is also a significant signal.
Therefore, don't just look at the price highs and lows, but also pay attention to the data and trends. The direction of institutions and whales is the barometer for retail investors.
Market analysis is changing every day, brothers remember to click follow and like #ETH突破4300