The article discusses the current status of Ethereum (ETH) and potential future price movements. It highlights the use of the Market Value to Realized Value (MVRV) ratio and the Mean Dollar Invested Age (MDIA) as tools for analyzing Ethereum's value and profitability. The 30-day MVRV ratio suggests that ETH is not overvalued and may have room for further price appreciation. The rising MDIA indicates reduced trading activity and a potential rally for Ethereum. Additionally, the daily chart shows an inverse head-and-shoulders pattern, which suggests a potential price increase towards $4,000 in the short term. However, if selling pressure increases, ETH could decline to $3,206.



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