Ethereum has experienced a super reversal signal, with the next target surprisingly pointing to $10,000?!

The price of Ethereum is approaching a historic support zone, and the market senses significant actions ahead. Based on the MVRV extreme deviation pricing model, ETH is again nearing a key undervaluation area, which has triggered strong rebounds every time it broke below this level. Now, this scene may be about to repeat.

MVRV suggests a major bottom, with $1,367 as the key survival line

Analysis indicates that the price of Ethereum is approaching the lower limit of the MVRV band—around $1,367. Historically, ETH has seen fierce rebounds after reaching this area, with 2018 and 2022 being bloody examples. This time, if history repeats, it could be another super reversal opportunity!

Technical patterns release counterattack signals, targeting $2,880?

On the monthly chart, Ethereum has formed a clear "bullish hammer" pattern, indicating that selling pressure is weakening and buying power is starting to return. If this structure is confirmed, the price could directly challenge the $2,880 resistance zone in the short term!

ETH/BTC ratio hits bottom, historical turning point is near

More shockingly, the ETH/BTC trading pair has also returned to the support area prior to the surge in 2020. Historical data shows that every time it falls to this range, Ethereum launches a fierce counterattack against Bitcoin, and this time may not be an exception.

Vitalik's new upgrade boosts Ethereum, could it surge towards $10,000?

With Ethereum founder Vitalik's push for the new RISC-V upgrade, network efficiency and scalability will significantly improve, and the market expects this to become a strong catalyst for ETH’s long-term surge, with the super target of $10,000 already on the agenda!