One of the proven metrics for analyzing Ethereum is the Market Value to Realized Value (MVRV) ratio. MVRV is a tool for assessing holder profitability and capturing potential market tops or bottoms.
Previously dormant coins are now also involved in transactions, strengthening the bullish projections around #Ethereum.
đ˛Analysis leaks that $ETH could rise to $4,000, but could also crash to $3,000 if selling pressure intensifies.