The price of Ethereum reflected the recent Bitcoin market movements. ETH experienced a rollercoaster performance at the beginning of this week, before it reflected with a 10% raise in the last 24 hours. This recovery occurs after a broader market correction, which initially led to fear among investors.
While Ethereum performance remains closely related to Bitcoin’s price, the last data in the chain suggests that ETH can enter the renovated accumulation phase.
MVRV coefficient and institutional accumulation trends
AND post Sent to the Quicktake Cryptoquant platform by a collaborator known as Mac, he particularly indicated the market value of Ethereum to the implemented value (MVRV), which suggests that the resource is currently underestimated.
The latest data indicate that enormous -scale investors raise their ETH resources, signaling potential support at key price levels. According to Mac, these accumulation patterns can affect the trajectory Ethereum in the coming weeks.
MAC revealed that the MVRV ratio, a key chain record used to assess whether the resource is overstated or undervalued, fell below 1 for Ethereum. Historically, such levels indicate an underestimated zone, which means that Ethereum trades nearly the average purchase price of all owners, including institutional investors.
ETH MVRV: Achieving a highly underrated zone
“When MVRV drops below 1, it signals the entrance to the undervalued zone in the cycle, which indicates the possibility of purchasing at a level similar to the average purchase price of all owners (including whale investors).” – By @Mac_d46035 pic.twitter.com/urj348tzng
– cryptoquant.com (@cryptoquant_com) March 5, 2025
The analyst also mentioned that in previous market cycles, when MVRV Ethereum fell below 1, after it significant prices. In addition, there was a rapid raise in the number of ETH – Lamarunki accumulation addresses that ETH receives, but never withdrew.
This suggests that enormous investors and institutions strategically raise their shares, especially in the current price range of USD 2,200-2300, where the price is concentrated for whale investors. This level is expected to act as a powerful support zone, strengthening the possibility of eternal accumulation.
Market and long -term Ethereum prospects
In addition to accumulation trends, macroeconomic factors still play a role in shaping Ethereum price movements. Mac noticed that the policy of liquidity in the US, especially trade policy and Trump administration policy, have so far influenced the results of risk assets, including cryptocurrency.
More terrible monetary policies and concerns about inflation can contribute to “rapid drop in price”. Despite this possibility, Mac summed up, noting:
However, Ethereum still maintains its position as the second largest cryptocurrency according to market capitalization and is a proven network with thousands of mature DEFI projects. Therefore, institutional investors probably accumulate more in this underestimated zone. Therefore, from the long -term perspective of the Ethereum perspective, they remain positive.
A distinguished picture created from DALL-E, chart from TradingView
