Ether Lee’s indigenous token token Etter (ETH) has witnessed the lowest deadline since November 2023 and emphasized how difficult the highest Altcoin has been in the last few months.
Ether Leeum Day 1 Chart. Source: COINTELEGRAPH/TradingView
In the last 83 days, it has been reduced by 51%to an average daily loss of about 0.61%. If the loss is complex every day, the ratio increases to about 0.84%.
Ether Leeum Exchange Leaked out of 27 months.
According to Intotheblock, the Crypto Analytics platform, Ethereum has witnessed a significant leak of $ 1.8 billion over the past week. It has been the highest weekly leak since December 2022 and the platform has been added in the X post.
“Despite the pessimism of ether prices, this trend suggests that many holders see current levels as a strategic purchase opportunity.”
Ether Leeum Soon flows from aggregate exchange. Source: x.com
Fellow Onchain Data Provider Cryptoquant also draws similar pictures. Ether Leeum Netflo’s 30 -day simple movement average dropped to about 30,000 E last week, which was last recorded at the end of December 2022.
Exchange total net flo. Source: cryptoquant
Similarly, Ether Lee’s MVRV (realized value -to -value) ratio has dropped to 0.8 for the first time since October 18, 2023, as observed on the chart.
Related: Crypto ETPS leaked for 4 consecutive weeks, total $ 876m -Coinshares reference
The MVRV ratio is a metric that calculates ETH’s market price as the last average price moved by all ETH.
Ether Leeum MVRV ratio. Source: cryptoquant
The MVRV ratio of less than 1 shows potential purchase opportunities. In the context, when the MVRV ratio dropped to 0.8 on October 18, 2023, Ether registers a local floor near $ 1,600, follows the start of a strong reversal and 2024 BULL RUN.
Is Ether Lee on the floor?
Ether prices have been integrated from psychological levels to $ 2,000 since early 2025.
In relation to the price measures within the vein, Mikybull, a technical analyst, pointed out that Ether Lee is showing a “strong reversal” in a diamond price pattern.
Mikybull’s Ether Leeum 4 -hour analysis. Source: x.com
After the down trend, the diamond pattern suggests potential optimistic reversal. Based on the measurement goal of this pattern, Ether can rebound from about 20%to $ 2,600 at the current price.
Ether Leeum Week Chart. Source: COINTELEGRAPH/TradingView
On the other hand, Ether’s weekly chart was finished below the 200 -day EMA level for the first time since October 2023. Since 2020, ETH prices have remained under this indicator of less than 15%. Previously, the ether was rebounded next week whenever it fell below the trend line in 2023.
Related: Bitcoin ‘MONTE CARLO’ model prediction forecasting $ 713K peak in 6 months
However, depending on this line, long -term periods can be extended to ETH’s lower price goals. Therefore, it is important that Ether Lee Rium bounces over the EMA trend line. Check the floor for the next few days or weeks.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.