Analysis: The MVRV momentum indicator shows that ETH is still in a downtrend, with no signs of reversal yet.

Odaily Planet Daily News on-chain analyst Ali shared Glassnode data X indicating that the MVRV (Market Value to Realized Value) Momentum indicator shows that ETH is still in a downward trend with no signs of reversal yet.

ETH-3.72%
ALI-0.94%
X-2.28%
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Ferit81vip
· 2024-09-01 10:17
BTC Halving ile Moon'a 🚀
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Sumon123vip
· 2024-09-01 09:15
WAGMI 💪
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Sumon123vip
· 2024-09-01 09:13
WAGMI 💪
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GoodLuckvip
· 2024-09-01 08:04
BTCHalving, just do it! 👊
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GoodLuckvip
· 2024-09-01 08:03
BTCHalving, just do it! 👊
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GoodLuckvip
· 2024-09-01 08:01
bull return speed return 🐂
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GoodLuckvip
· 2024-09-01 08:00
pro take me 💰
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GoodLuckvip
· 2024-09-01 07:58
bull return speed return 🐂
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