Eth's MVRV Momentum Indicator Shows Continued Downtrend
According to Odaily, on-chain analyst Ali shared Glassnode data on X, indicating that the MVRV (Market Value to Realized Value) Momentum indicator shows ETH is still in a downtrend with no signs of reversal.

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The analysis of the MVRV Momentum indicator for ETH is crucial for understanding its market trend. It's important to monitor the data closely to make informed investment decisions. Thank you for sharing this valuable insight.