Sep 15, 2025
75 34
Ethereum MVRV Ratio Reaches 1.97 Amid Bullish Market Sentiment
Ethereum (ETH) demonstrated a strong performance last week, rising by 9.06% and briefly reaching the $4,700 range. This aligns with a general bullish sentiment in the crypto market, although on-chain data suggests this may be short-term.
Ethereum MVRV Analysis
- Crypto analyst Burak Kesmeci highlights Ethereum's Market Value to Realized Value (MVRV) ratio at 1.97, nearing the critical 2.4 level.
- A higher MVRV indicates unrealized profits among holders, but levels above 2.4 have historically led to profit-taking and price corrections.
- The "very hot" zone is at 3.20, where past bull runs saw significant price spikes and subsequent corrections.
- Current MVRV suggests potential for further gains, but investors should be cautious of surpassing the 2.4 threshold.
Ethereum Market Overview
- Ethereum is trading at $4,665, a slight 0.2% decline in 24 hours, but showing weekly and monthly gains of 8.75% and 3.40%, respectively.
- The overall uptrend remains intact despite short-term fluctuations.
- Daily trading volume decreased by 14.42%, indicating a temporary slowdown in market activity, though momentum supports upward movement.
