4 Ethereum On-Chain Metrics Show ETH Price Drop Is No Concern
The post 4 Ethereum On-Chain Metrics Show ETH Price Drop Is No Concern appeared on BitcoinEthereumNews.com. Key Notes Increased whale activity, with 450,000 ETH accumulated in a month, further underscores positive sentiment. Nearly 1 million ETH have been withdrawn from exchanges since April, indicating reduced sell pressure and strengthening price stability. Additionally, a golden cross on Ethereum’s technical chart signals a strong bullish outlook for $4,000 and beyond rally. The Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B price drop over the weekend has raised concerns in the crypto community about whether this is the end of the rally. However, on-chain metrics show that Ethereum fundamentals have enough strength to stage a quick recovery moving ahead. As far as ETH price sustains above the $2,200 support, market analysts believe that the rally remains intact. Four On-Chain Metrics That Show Ethereum Strength Let’s take a closer look at the signs that reflect current Ethereum strength. Ethereum MVRV Momentum Flips Bullish Crypto analyst Ali Martinez has highlighted a key shift in Ethereum’s market dynamics, noting that the MVRV (Market Value to Realized Value) ratio has transitioned from bearish to bullish territory. This development signals growing momentum in favor of Ethereum bulls, potentially setting the stage for further price gains in the near term. The MVRV Ratio has flipped from bearish to bullish, a strong sign that momentum is now favoring the #Ethereum $ETH bulls.https://t.co/ZWnVR6mgJ4 — Ali (@ali_charts) May 18, 2025 Rising ETH Whale Activity Analyst Martinez also stated that the Ethereum whale activity has shot up significantly, supporting this momentum shift. Just over the past month, ETH whales have accumulated a staggering 450,000 Ethereum, highlighting strong positive sentiment among big players. Whale activity supports this momentum shift, with large holders accumulating over 450,000 #Ethereum $ETH in the past month.https://t.co/eBtz43rsQ6 — Ali (@ali_charts) May 18, 2025 ETH Exchange Supply Drops Significantly Crypto…
The post 4 Ethereum On-Chain Metrics Show ETH Price Drop Is No Concern appeared on BitcoinEthereumNews.com.
Key Notes Increased whale activity, with 450,000 ETH accumulated in a month, further underscores positive sentiment. Nearly 1 million ETH have been withdrawn from exchanges since April, indicating reduced sell pressure and strengthening price stability. Additionally, a golden cross on Ethereum’s technical chart signals a strong bullish outlook for $4,000 and beyond rally. The Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B price drop over the weekend has raised concerns in the crypto community about whether this is the end of the rally. However, on-chain metrics show that Ethereum fundamentals have enough strength to stage a quick recovery moving ahead. As far as ETH price sustains above the $2,200 support, market analysts believe that the rally remains intact. Four On-Chain Metrics That Show Ethereum Strength Let’s take a closer look at the signs that reflect current Ethereum strength. Ethereum MVRV Momentum Flips Bullish Crypto analyst Ali Martinez has highlighted a key shift in Ethereum’s market dynamics, noting that the MVRV (Market Value to Realized Value) ratio has transitioned from bearish to bullish territory. This development signals growing momentum in favor of Ethereum bulls, potentially setting the stage for further price gains in the near term. The MVRV Ratio has flipped from bearish to bullish, a strong sign that momentum is now favoring the #Ethereum $ETH bulls.https://t.co/ZWnVR6mgJ4 — Ali (@ali_charts) May 18, 2025 Rising ETH Whale Activity Analyst Martinez also stated that the Ethereum whale activity has shot up significantly, supporting this momentum shift. Just over the past month, ETH whales have accumulated a staggering 450,000 Ethereum, highlighting strong positive sentiment among big players. Whale activity supports this momentum shift, with large holders accumulating over 450,000 #Ethereum $ETH in the past month.https://t.co/eBtz43rsQ6 — Ali (@ali_charts) May 18, 2025 ETH Exchange Supply Drops Significantly Crypto…
What's Your Reaction?
