Ethereum’s MVRV Z-Score has fallen to -0.42, a level often seen during capitulation phases🥺
According to Alphractal CEO João Wedson, while this usually signals heavy selling, the current setup doesn’t fully resemble past market bottoms.
The reading points to ongoing short-term pressure on ETH, but historically, zones like this have tended to offer attractive accumulation opportunities for long-term investors.
What do you think about this current phase?
