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Ethereum “ETHEREUM” indicates that the price of ETH is less valuable: Sincerity Report


Main meals:

  • The Fidelity Digital Assets report said that many Ethereum Onchain standards indicate that ETH deals are discount.

  • The maximum BTC/ETH market ratio at mid 2020 levels.

  • The active titles of Ethereum Layer-2 have set new levels at 13.6 million.

The new data from Fidelity Digital Assets indicates optimistic expectations for ETHEREM, indicating that the gloomy Q1 performance may be a chance. Consider The latest signal report, ether (Eth) He decreased by 45 % during the first quarter, which led to election gains after the United States after its peak at $ 3,579 in January.

Altcoin published the death cross in March, where the simple moving average decreased for 50 days (SMA) by 21 % less than SMA for 200 days, reflecting the declining momentum. However, Fidelity notes that short -term pain may swing in favor of altcoin.

The investment company indicated that the MVRV Z -SCORE, which compares the market value to the achieved value, decreased to -0.18, and entered the “denominated area with less than its value on March 9th. Historically, historically, these levels have specified the markets of the market, indicating that the ether” looks cheap “compared to the” fair value “. The percentage of net profit/loss (NUPL) decreased Unrealized to 0, which indicates “surrender”, where unrealized profits equal equal losses, citing a neutral spot for my holders.

Current currencies, bitcoin price, markets, Ethereum price
Ethereum mvrv z-acure. Source: Fidelity Digital Asset Report

The price of the investigator ETH, which is $ 2020, sits 10 % higher than its current value, indicating that their holders are facing unrealized losses. While this trend is declining, the company noted that a simple decrease of 3 % at the price achieved against a 45 % decrease indicates that short -term holders were sold, while their long -term holders keep stability, and perhaps install the basic price.

However, the company highlighted that in 2022, despite the low price of the ETH, it continued to decrease before the recovery.

Fidelity also cited the ETHEREUM market rate to Bitcoin at 0.13, sitting at mid -2012 levels, and a 30 -month decrease.

Current currencies, bitcoin price, markets, Ethereum price
Ethereum/bitcoin the maximum rate of the market. Source: Fidelity Signctions Report

Related: Ethereum Price has several reasons for breaking $ 2000 after that

Regulations for involving the ecological system in ETHEREUM new high levels

Data from Xyz growth indicated The number of unique addresses that interact with one or two networks in layer 2 in the ETHEREUM ecosystem reached the highest new level ever at 13.6 million active addresses. The active headlines rate increased by 74 % during the past week, which implicitly means the ingenuity of the network expansion and its increasing dependence.

Current currencies, bitcoin price, markets, Ethereum price
ETHEREUM weekly connection with Layer 2 networks. Source: GrowThepie.xyz

UNICHAIN, a new Layer-2 protocol of UISWAP, has led more than 5.82 million weekly active addresses, bypassing the base and identification. The collective increase in the active headlines improved the dominance of the Ethereum-2 layer by 58.74 % in the past seven days.

Anonymous encryption dealer CRG male ETH price has regained a site above the Ichimoku Cloud index, which lasted 12 hours for the first time since December 2024. The Ichimoku cloud indicates the bullish direction when the price is higher than the cloud and the cloud turns green, indicating the bullish feeling.

Current currencies, bitcoin price, markets, Ethereum price
Ethereum analysis 12 hours by CRG. Source: x.com

Related: Global Center Gold Rush can provoke Bitcoin prices to their highest levels ever

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.