Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Data speaks! Despite the sharp decline, on-chain indicators for Ethereum show: Could the $2,100 level be a golden buying zone?
When the market is pessimistic, we need to pay more attention to calm on-chain data. The data shows that although ETH price has fallen, some key indicators are hinting that the bottom may not be far away.
Three major positive signals:
MVRV Z-Score enters the historical accumulation zone: This indicates that, from an on-chain perspective, ETH may have been undervalued.
**MVRV pricing band points to 1,880**: Historically, the 0.80 MVRV pricing band (currently around 1,880) usually marks the cycle bottom.
SOPR indicator shows panic selling: The spent output profit ratio (SOPR) is 0.96, indicating investors are selling at a loss, and such extreme fear often accompanies local bottoms.
💎 Core viewpoint:
On-chain data suggests that the area below $2,100 could be a value zone. But this does not mean an immediate V-shaped reversal; the bottom is a region that requires time to build.
Do you trust cold on-chain data or market panic sentiment? Where do you think ETH’s bottom is? Like and comment to see who the data master is! $ETH