NewsBTC
Feb 10, 2026
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BEARISH 📉 : Ethereum drops below 0.80 MVRV band, deepening investor losses

Recent on-chain data indicates that Ethereum has dipped below a critical Market Value to Realized Value (MVRV) pricing band during its latest price decline.

  • Ethereum fell under the 0.80 MVRV band recently, suggesting increased market losses.
  • MVRV Ratio compares Ethereum's market cap with its Realized Cap, indicating profit-loss status.
  • A ratio above 1 implies net unrealized profit; below 1 suggests a predominance of losses.
  • The decline below the 0.80 MVRV band, valued at $1,959, signals deepening losses.
  • Historically, dips below this band have marked market bottoms for Ethereum.
  • Currently, Ethereum has rebounded to $2,044, climbing back above the 0.80 MVRV band.

Ethereum MVRV Pricing Bands

The analyst notes that previous dips below the 0.80 band have historically coincided with market bottoms, though it remains uncertain if this trend will repeat.