Ethereum

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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Investing in ETH during a downtrend can be risky, so it's important to consider all indicators before making decisions. Monitoring the MVRV Momentum indicator closely for any signs of reversal could help navigate market uncertainties effectively.