Ethereum's Dormancy Flow Suggests It Might Be Undervalued !!!
Ethereum (ETH) may currently be undervalued, according to recent analysis by Ali Martinez, as reported by PANews. The report highlights a notable drop in Ethereum's entity-adjusted dormancy flow — falling below the one million mark.
Historically, such a dip in dormancy flow signals the formation of a macro bottom, a technical indicator often linked to strong buying opportunities. In simpler terms, this suggests that Ethereum could be nearing the end of a downtrend, potentially paving the way for a price rebound.
Moreover, the reduced dormancy flow reflects a behavioural trend among ETH holders: a decreased willingness to sell. This is a sign of growing conviction among long-term investors, which often precedes market recoveries.
At the time of reporting, ETH is trading at $1,594.55, with a modest increase of 2.16%. While not financial advice, these indicators may provide bullish signals for traders and investors closely watching the market.
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