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Analysis：MVRV Momentum Indicator Shows ETH Still in Downtrend, No Signs of Reversal Yet
Bitget2024/09/01 13:30
Chain analyst Ali Yu X shared Glassnode data saying that the MVRV (Market Value to Real Value) Momentum indicator shows that ETH is still in a downtrend and has yet to show signs of reversal.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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BTC
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Ethereum
ETH
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-0.66%
Tether USDt
USDT
$1.0000
+0.00%
XRP
XRP
$2.2
-0.19%
BNB
BNB
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-0.62%
Solana
SOL
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USDC
$0.9998
-0.01%
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TRX
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DOGE
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ADA
$0.4252
-1.84%
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