ChainCatcher reports that, 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 near a long-term bottom. However, the market is still in a phase of heavy distribution.
@alicharts suggests that if selling pressure continues, the potential support levels are: $1800, $1584, $1238, and $1089.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Lido introduces a new DVT cluster mechanism: reducing staking thresholds while strengthening the security of Ethereum validators
Lido is advancing a community staking module upgrade by introducing the "Identified DVT Cluster" (IDVTC) mechanism to optimize Ethereum staking structure, lower participation barriers, and enhance network security and stability. Each IDVTC comprises vetted stakers and leverages Distributed Validator Technology (DVT) to reduce systemic risk and increase decentralization. This feature will launch in 2026, demonstrating Lido's commitment to enhancing system resilience through architectural optimization and maintaining competitiveness.
GateNews11m ago
SEC Plans to Cancel Quarterly Earnings Report System: US Stock Transparency May Be Reshaped, Bitcoin and Ethereum Face New Variables
The US SEC plans to abolish the requirement for listed companies to publish quarterly financial reports, replacing it with two reports per year, expected to be implemented in April 2026. This measure may lower compliance costs for companies but has also sparked controversy, as it could increase information asymmetry and market volatility, affecting stock and digital asset markets.
GateNews15m ago
BTC, ETH Reach Highest Levels Since February 5, Multiple Analysts Bullish on Future Market
The crypto market has rebounded recently, with Bitcoin and Ethereum reaching new highs. Technical analysts Peter Brandt and Ali Charts have both expressed bullish sentiment, with Ethereum potentially targeting $2,600. However, some analysts like Garrett Jin maintain a cautious stance, concerned that external factors could impact the market.
GateNews30m ago
Russia's Central Bank Plans to Open Ethereum Digital Asset Channel to Break Through Sanctions and Attract Foreign Investment
The Russian Central Bank plans to submit a proposal allowing digital financial assets (DFA) to circulate on open blockchains such as Ethereum to counter Western sanctions and attract foreign investment. If the bill passes in 2026, it will improve the current market structure that relies on domestic demand and provide new opportunities for Russian enterprises in international capital markets. However, technical integration and legal barriers still need to be overcome.
MarketWhisper1h ago
Still complaining about high on-chain fees? Ethereum Gas drops to $0.01, hitting an all-time low
Recently, Ethereum's average Gas price has dropped to approximately 0.045 Gwei, with transaction fees significantly reduced. With the growth of Layer2 scaling technology and multiple upgrades driving improvements, Ethereum's transaction fees have declined over 90% from their peak. Despite ongoing market price pressure, activity in the Ethereum ecosystem remains undiminished, with usage demand still strong, pushing overall transaction costs below traditional bank transfers.
区块客1h ago
In the past 24 hours, liquidations across the network reached $392 million, with short position liquidations accounting for over 60%.
Gate News, on March 17th, according to CoinAnk data, the entire network liquidated $392 million in the past 24 hours. Among these, long positions liquidated approximately $144 million, short positions liquidated approximately $248 million, with short position liquidations accounting for 63% of the total. By cryptocurrency, Bitcoin liquidations were approximately $147 million, and Ethereum liquidations were approximately $115 million.
GateNews1h ago
