BTC $85,849.09 +1.35%
ETH $2,701.97 +0.63%
BNB $793.24 +0.97%
XRP $1.51 +1.51%
SOL $121.28 +1.38%
TRX $0.3357 +0.13%
DOGE $0.0968 +4.27%
ADA $0.2531 +3.38%
BCH $316.13 -0.11%
LINK $14.20 +1.15%
HYPE $90.66 +1.16%
AAVE $177.67 -1.60%
SUI $1.20 +2.20%
XLM $0.2207 +2.17%
ZEC $1,339.46 +1.76%
AAPL $333.59 +0.09%
AMZN $252.45 +0.17%
GOOGL $344.32 +0.28%
MSFT $517.79 -0.08%
META $729.10 -0.12%
NVDA $235.00 +0.02%
TSLA $372.57 +0.40%
SNDK $1,720.35 +0.10%
INTC $117.76 -0.18%
SPCX $159.09 +0.04%
MU $1,069.56 -0.08%
AMD $634.40 -0.01%
BTC $85,849.09 +1.35%
ETH $2,701.97 +0.63%
BNB $793.24 +0.97%
XRP $1.51 +1.51%
SOL $121.28 +1.38%
TRX $0.3357 +0.13%
DOGE $0.0968 +4.27%
ADA $0.2531 +3.38%
BCH $316.13 -0.11%
LINK $14.20 +1.15%
HYPE $90.66 +1.16%
AAVE $177.67 -1.60%
SUI $1.20 +2.20%
XLM $0.2207 +2.17%
ZEC $1,339.46 +1.76%
AAPL $333.59 +0.09%
AMZN $252.45 +0.17%
GOOGL $344.32 +0.28%
MSFT $517.79 -0.08%
META $729.10 -0.12%
NVDA $235.00 +0.02%
TSLA $372.57 +0.40%
SNDK $1,720.35 +0.10%
INTC $117.76 -0.18%
SPCX $159.09 +0.04%
MU $1,069.56 -0.08%
AMD $634.40 -0.01%

Analysis: On-chain data shows that ETH may have completed its bottoming out

2025-04-12 16:37:38

ChainCatcher news, cryptocurrency analyst Ali Martinez stated that Ethereum (ETH) may have completed the bottoming phase of this market cycle.

Data shows that the Entity-Adjusted Dormancy Flow indicator for ETH recently fell below 1 million. Historically, this low level of the indicator usually signals a macro bottom region, indicating that ETH may be undervalued and long-term holders are less inclined to sell.

app_icon
ChainCatcher Building the Web3 world with innovations.