
ETH Stays Bullish as Realized Price and MVRV Data Show Market Stability
Ethereum continues to maintain its bullish stance, trading above its fair value level of $2,318, according to data from , posted by analyst TeddyVision. The data shows that Ethereum’s structure remains strong, with the MVRV ratio at 1.67, indicating that holders are in a 67% profit. Despite the recent pullback from the upper realized price band of $5,332, the market remains healthy. The price, around $3,874, reflects consolidation rather than reversal, signaling confidence among participants.
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