Ethereum MVRV Holds At 1.20–1.25, Suggests Market Peak Is Not In Sight – Details
2025-07-06 05:37:14
Main Idea
The article discusses Ethereum's current market performance, focusing on its MVRV ratio and price trends, while also covering various cryptocurrency-related topics and services.
Key Points
1. Ethereum's MVRV ratio is currently between 1.20-1.25, indicating investors are profitable but not at peak levels.
2. Historical data suggests that an MVRV of 2.25 has been a critical exit point for Ethereum investors in the past.
3. Ethereum's price is currently at $2,520, with a 1.35% daily loss and a 9.8% drop in trading volume.
4. Market sentiment for Ethereum is neutral with a Fear & Greed index of 73, showing strong greed levels.
5. CoinCodex analysts predict Ethereum could trade between $2,737 and $4,099 in the next three months, indicating a bullish mid-term outlook.
Description
The Ethereum (ETH) market registered a modest 4.1% gain in the past week amidst a general price rebound in the broader crypto market. However, the prominent altcoin and second largest cryptocurrency continues to trade $2,600 which has acted as an efficient price barrier over the past month. Interestingly, recent technical data shows Ethereum is still likely to experience significant price growth in the current market cycle, despite its ongoing price struggles. 2.25 MVRV Emerges As Critical Exit ...
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