Is Ether Facing Capitulation or More Declines Ahead?
Recent analysis shows Ether’s MVRV Z-Score at -0.42, raising questions on whether it has hit bottom or if further declines are imminent.
Recent analyses indicate that Ether's MVRV Z-Score has dipped into capitulation territory, currently sitting at -0.42. This follows a notable decline of 30% over a two-week period, although it remains significantly above its lowest recorded score.