Ethereum at $4.5K: MVRV Around 2.1 May Signal FOMO-Fueled Rally or Deeper Correction After $10B Liquidations
The post Ethereum at $4.5K: MVRV Around 2.1 May Signal FOMO-Fueled Rally or Deeper Correction After $10B Liquidations appeared on BitcoinEthereumNews.com. Ethereum MVRV sits near 2.10 with ETH trading around $4,500, signaling a near-term overextension: on-chain deleveraging erased roughly $10 billion in leverage, increasing the probability of a pullback before any sustainable upside. Monitor MVRV and Open Interest for entry signals. ETH price: $4,500 — MVRV ~2.10, near historical local-top thresholds On-chain: Open Interest fell ~7% in one session; ~ $10B in leveraged positions liquidated. Historical context: prior MVRV spikes preceded significant corrections; traders should watch accumulation zones and liquidity pools. Ethereum MVRV at 2.10 with ETH ~ $4,500 — watch MVRV and Open Interest for pullback signals before buying the next leg. Read how to trade this setup. What is Ethereum MVRV telling traders now? Ethereum MVRV measures market value relative to realized value and currently suggests near-term overextension as ETH trades near $4,500 with MVRV ~2.10. Historically, similar MVRV spikes have coincided with local tops, so this metric warns of heightened profit-taking risk while highlighting potential accumulation zones. How did recent on-chain Open Interest and liquidations influence ETH price action? Open Interest retraced nearly 7% in a single session, and roughly $10 billion of leveraged positions were removed in three days. This rapid deleveraging reduced short-term convexity and amplified volatility. Data from Glassnode and trading feeds show these events often precede consolidation or deeper corrections. ‘, ‘
The post Ethereum at $4.5K: MVRV Around 2.1 May Signal FOMO-Fueled Rally or Deeper Correction After $10B Liquidations appeared on BitcoinEthereumNews.com.
Ethereum MVRV sits near 2.10 with ETH trading around $4,500, signaling a near-term overextension: on-chain deleveraging erased roughly $10 billion in leverage, increasing the probability of a pullback before any sustainable upside. Monitor MVRV and Open Interest for entry signals. ETH price: $4,500 — MVRV ~2.10, near historical local-top thresholds On-chain: Open Interest fell ~7% in one session; ~ $10B in leveraged positions liquidated. Historical context: prior MVRV spikes preceded significant corrections; traders should watch accumulation zones and liquidity pools. Ethereum MVRV at 2.10 with ETH ~ $4,500 — watch MVRV and Open Interest for pullback signals before buying the next leg. Read how to trade this setup. What is Ethereum MVRV telling traders now? Ethereum MVRV measures market value relative to realized value and currently suggests near-term overextension as ETH trades near $4,500 with MVRV ~2.10. Historically, similar MVRV spikes have coincided with local tops, so this metric warns of heightened profit-taking risk while highlighting potential accumulation zones. How did recent on-chain Open Interest and liquidations influence ETH price action? Open Interest retraced nearly 7% in a single session, and roughly $10 billion of leveraged positions were removed in three days. This rapid deleveraging reduced short-term convexity and amplified volatility. Data from Glassnode and trading feeds show these events often precede consolidation or deeper corrections. ‘, ‘
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