Ethereum Shows Bullish Signs as MVRV Ratio Turns Positive

Ethereum ($ETH ) is gaining bullish momentum as its Market Value to Realized Value (MVRV) ratio has turned positive, indicating that most investors are now in profit. This shift suggests growing confidence in ETH’s price potential.

Ethereum Foundation Launches Major Security Initiative

To strengthen long-term trust, the Ethereum Foundation has introduced the **"Trillion Dollar Security" initiative, focusing on improving wallet safety, smart contract security, and overall network resilience. The project will unfold in three phases:

1. Identifying vulnerabilities** across the Ethereum ecosystem.

2. Implementing fixes with help from developers and security experts.

3. Enhancing transparency to boost user and institutional trust.

The initiative is led by Fredrik Svantes and Josh Stark, with support from top blockchain security specialists.

Price Outlook: Potential Rally to $3,000, But Short-Term Risks Loom

Analysts are optimistic about Ethereum’s upward trajectory, with **$3,000 as a key target** if current support levels hold. However, some caution that short-term pullbacks are possible due to:

- **Bearish signals** on the 4-hour chart, suggesting a possible **10-15% drop**.

- Resistance near the 200-day EMA, which could trigger a retreat to **$2,400 or even $2,100**.

Despite these risks, traders like Michaël van de Poppe view any dip as a potential **buying opportunity**, especially if ETH stays within the **$2,100–$2,800 range**.

Conclusion

With improving investor sentiment, a major security upgrade in progress, and strong market activity, Ethereum’s mid-to-long-term outlook remains bullish. However, traders should stay cautious of short-term volatility.

#EthereumSecurityInitiative #BinanceAlphaPoints #MastercardStablecoinCards #ETH