Coin-Turk 11 minutes ago
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The largest altcoin, Ethereum (ETH ($2,786.86)) 
$2,784, is currently undergoing a different process compared to previous market cycles. While Bitcoin (BTC ($96,690.28)) 
$96,600 continues to set new records, Ethereum has yet to achieve the same feat. However, certain on-chain indicators suggest that ETH still possesses significant bullish potential. The MVRV Price Bands and Mayer Multiple models indicate that prices remain undervalued, and the strongest bullish phase has not yet commenced.
What Do MVRV Price Bands Indicate for Ethereum?
Market Value/Realized Value (MVRV) is an indicator that helps determine whether an asset is overvalued or undervalued. This indicator wo…
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