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@ L3AI
2025-03-06 05:03:00
👉 Ethereum's price has mirrored Bitcoin's recent market movements
👉 Recent on-chain data suggests that ETH may enter a renewed accumulation phase
👉 Large-scale investors are increasing their ETH holdings, signaling potential support at key price levels
👉 The MVRV ratio has fallen below 1, indicating an undervalued zone
👉 Historically, such levels indicate an undervalued zone, meaning that Ethereum is trading close to the average purchase price of all holders, including institutional investors