ETHEREUM Most of its “lower value” over a period of 17 months-Can ETH return to 4 thousand dollars?

MVRV Z-Score from Ethereum, which is a main measure to assess whether the original distinctive symbol, ether (EthThe excessive or traditional value has been estimated, and it has decreased to its lowest level in 17 months, indicating that the second largest encrypted currency can be a bottom.

Score is approaching Ethereum to the accumulation area

the MVRV Z-SCORE,, Which compares the market value of ETHEREUM to a achieved value, is now close to the Green Zone, historically associated with the lack of advanced value. This scale indicates that ETH may be circulated at a discount price in relation to the total capital flow in the network.

The last time the MVRV Z’s degree has achieved such low levels in October 2023, before ETH returned by approximately 160 % in the following months towards a teacher of $ 4,000. Likewise, the result fell to the Green Zone in December 2022 and March 2020 It preceded the operation of the historical bull.

In addition, Cryptical data appears These daily ETH flows have risen to accumulated headlines to their highest levels in years, transgressing the previous stages of accumulation that were seen before the main bull runs.

This indicates that institutional investors and their long-term holders accumulate with the power of ETH while the MVRV Z-SCore remains less than its value. Ethereum’s Onchain Tracking Whale also addresses this echoes.

It is worth noting, Ethereum whales Between 1000 and 10,000 ETH has been collected strongly since July 2024, when many boxes circulated on the Stock Exchange (ETF) has been traded Direct For the first time in the United States.

Most of the accumulation period coincides with the decline in ether prices, indicating that these whales buy a decrease. In other words, senior investors expect that the ETH price will increase in 2025.

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Can the price ETH recover $ 4000?

As of March 6, ETH is traded near $ 2,291, as the minimum support for the symmetrical trend line and EMA will be tested for 200 weeks ($ 2,294).

This convergence enhances the possibility of a strong recovery from the current levels. Historically, the similar meeting preceded the repercussions of the main direction, causing the way to turn towards the top -trend of the triangle at about 3650 dollars.

The ETHEREUM price procedure is in line with the main retreat levels, which adds more to the convergence to a possible upcoming upward outbreak.

The FIB 0.382 (about $ 2,518) is a major obstacle to bulls, with a successful restoration in opening the door about $ 3,000 (0.5 FIB) and at the end $ 3,420 (0.618 FIB) – a historical resistance area.

The collapse that exceeds these ETH levels must be to re -test of $ 4,063 (0.786 FIB) near the upper limits of the triangle.

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On the contrary, a decisive break below the lower trend line line may nullify the bounce setting in general. Instead, the ETH price will risk declining about $ 1050, and in line with the decline line 0.0 Fibonacci.

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.