IntoTheBlock: Ethereum MVRV Ratio at Bear Market Levels

Blockbeats
Yesterday

BlockBeats News, March 18th, according to IntoTheBlock data, Ethereum's MVRV Ratio is about 0.9, which is at a bearish level.

BlockBeats Note: MVRV is an indicator used to compare an asset's current market value to its realized value, providing insights into whether the asset is overvalued or undervalued.

This indicator helps identify points of market sentiment extremes – whether the asset's trading price is above or below the average investor's buy-in cost. When the MVRV value is high, it usually indicates the asset is overvalued and may enter a profit-taking phase; while a low MVRV value typically suggests undervaluation, presenting a buying opportunity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10