Ethereum Sitting In The Opportunity Zone Is Still Struggling At Price Recovery

Ethereum price remains under pressure after a sharp decline that unsettled investors across the crypto market.

Although Ethereum appears to be entering a historically favorable accumulation zone, on-chain indicators reveal mixed conviction among different holder cohorts.

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Ethereum Is In a Prime Accumulation Range

Ethereum’s Market Value to Realized Value, or MVRV, ratio indicates that ETH has entered what analysts describe as an “opportunity zone.” This range lies between…