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Ethereum enters historic 'buy zone' as MVRV ratio drops, signaling potential bullish breakout.

Analyst Insights
24 Mar 2026
UToday
View Source
Bullish
pluang ai news

Ethereum's MVRV ratio recently dropped below 0.8, placing it in a historical 'generational buy zone' that has preceded major price rallies in 2018, 2020, and 2022. Analyst Ali Martinez highlights this undervaluation as a strong bullish signal, supported by a recent rebound from $1,800 to over $2,150. Meanwhile, Tom Lee's Bitmine is aggressively accumulating Ethereum, aiming to hold 5% of its supply, which could further drive demand. These factors suggest Ethereum may be poised for a significant upward price movement soon.

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