Ethereum Enters “Opportunity Zone” After 5 Months; What Does This Mean For Price?
Ethereum’s recent decline has drawn attention across the crypto market as the second-largest cryptocurrency struggles to recover from its 15% weekly loss. The ongoing bearish conditions have dragged ETH down to levels not seen in months. However, this sharp correction may signal the start of a recovery, as Ethereum appears to have reached the point of bearish saturation./ The 30-day MVRV ratio highlights that Ethereum has officially entered the “opportunity zone,” a range historically linked to potential reversals for the first time in five ...
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