Analysis: The Ethereum MVRV indicator shows that the coin price is currently in a long-term bottom range
Feb 28, 2026 23:49:04
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According to analyst @alicharts, the current Ethereum MVRV (Market Value to Realized Value ratio) has dropped to 0.78. Historically, when the MVRV ratio falls below 0.8, ETH is usually close to a long-term bottom. However, the current market is still in a significant distribution phase.
@alicharts indicates that if the selling pressure continues, potential support levels are: $1800, $1584, $1238, and $1089.
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