Main takeout:
According to a report from Fidelity Digital Assets, Multi -Eyrium Onchain indicators suggest that ETH transactions are discounted.
The BTC/ETH market cap is in mid -2020.
Ether Lee’s layer -2 activity address was 13.6 million, a new high.
The new data of Fidelity Digital Assets suggests that Q1 performance can be an opportunity, suggesting carefully optimistic prospects for Ethereum. According to the latest signal report, Ether (ETH) dropped 45% in the first quarter and deleted the peak of $ 3,579 in January.
Altcoin recorded a death cross in March, and the 50 -day simple moving average (SMA) reflected the weakness of less than 21% compared to the 200 -day SMA. But Fidelity pointed out that short -term pain could be shaken by the favor of Altcoin.
The investment company pointed out that MVRV Z -Score, which compares the market value with the realization value, fell to -0.18, which entered the “undervalued” area on March 9. Historically, such a level indicates that the market floor is displayed, which indicates that ether was “cheaper” compared to “fair value.” The NUPL (Net Unrealized Profit/Loss) ratio has also dropped to zero, represents “surrender,” the same loss is the same loss, which cites the neutral point of the holder.
The realization price of ETH with an average of $ 2,020 is 10%higher than the current value and faces losses that are not realized by holders. This trend is weak, but the 3% decline in the realization price and 45% decline are sold out by short -term holders, while long -term holders can stabilize the basic price.
However, the company stressed that in 2022, even if ETH prices fell below the realization price, it continued to fall before recovery.
Fidelity also reduced the market cap of Ethereum at 0.13 Bitcoin University, mid -2020, and decreased for 30 months.
Related: Etherrium prices have some reasons for breaking $ 2,000 next.
Participation in Etherum ecosystem is the freshest record.
According to the data from Growthepie.xyz, the number of unique addresses interacting with one or two layers of two networks in the Ethereum ecosystem has reached a new all -time high of 13.6 million active addresses. The proportion of active addresses increases by 74% over the past week, which means that the network’s expansion and adoption increases.
Unichain, a new layer -2 protocol of UNISWAP, has led the claim with more than 588 million active addresses that surpass the basic and arbitration. The collective growth of active speech has improved Ether Lee’s -2 dominance by 58.74% over the last seven days.
Anonymous password CRG CRG pointed out that ETH prices have been restored to more than 12 hours since December 2024. Ichimoku Cloud shows optimistic feelings when the price is higher than the cloud and the cloud is changed to green.
Related: Global Central Bank Gold Rush can increase bitcoin prices with a new highest high.
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.