João Vedson writes about the price day of the broadcast
The Z-Score MVRV indicator for Ethereum is in the capitulation zone.
The last minimum was -0.42. The lowest value in history is -0.76, recorded in December 2018.
This shows that Ethereum is indeed undergoing a clear capitulation process.
However, it's important to be honest with the data: they are still not comparable to the intensity observed at the major lows of 2018 and 2022.
Capitulation is not a one-time event. It is a gradual process marked by numerous attempts at recovery, false reversals, and the gradual exhaustion of weaker participants.
The Z-Score MVRV indicator demonstrates this very clearly.
The market is already under pressure, but historically there is still room for further decline before a final structural bottom is formed.
Blockchain data remains the best guide for navigating such moments.
In other words, the price of this coin is
no more than $1.
