이더리움(ETH)의 MVRV-Z 스코어가 -0.42까지 떨어지며 바닥권에 근접하고 있다고 코인텔레그래프가 복수 애널리스트를 인용해 전했다. MVRV-Z 스코어는 시가총액에서 실현 시가총액(RV)을 뺀 뒤 시가총액의 표준 편차로 나눈 값으로, 수치가 낮을수록 저평가 상태를 의미한다. 암호화폐 분석업체 알프랙탈(Alphractal)은 "현재 수치는 이더리움이 카피출레이션(항복 매도) 국면에 진입했음을 보여준다. 역대 최저치는 2018년 12월의 -0.76으로, 2018년과 2022년 주요 저점과 비교하면 아직 바닥에 도달하지 않았다"고 분석했다. 트레이더 미카엘 반 데 포페(Michaël van de Poppe)는 "과거 주요 저점 국면과 유사한 저평가 구간이라며 공포 구간에서 매수를 검토할 만한 시점"이라고 말했다.

분석 "ETH, 온체인 지표서 바닥 임박 신호"

Ethereum (ETH)&#39;s Market Value-to-Volume (MVRV-Z) score has fallen to -0.42, approaching a bottom, Cointelegraph reported, citing multiple analysts. The MVRV-Z score is calculated by subtracting the realized market capitalization (RV) from the market capitalization and dividing it by the standard deviation of the market capitalization, with a lower value indicating undervaluation. Crypto analytics firm Alpharractal analyzed that &quot;the current value suggests that Ethereum has entered a copyulation phase. The previous low was -0.76 in December 2018, so compared to the major lows in 2018 and 2022, it hasn&#39;t reached the bottom yet.&quot; Trader Michaël van de Poppe said, &quot;This is an undervalued area similar to past major lows, and it&#39;s a good time to consider buying during the fear zone.&quot;

Analysis: "ETH Signals Imminent Bottom in On-Chain Indicators"

Bitcoin's price briefly touched $60,000 last week. Under a diminishing returns model, this is no mere noise. The market is touching the weakest link in the entire four-year cycle and logarithmic growth framework.

With the gains at the top of the Bitcoin cycle already significantly compressed, a further historically deep correction would completely negate the allure of its classic cycles.

This is not a prediction; it's a mathematical law.

Cycle Top Gains are Compressing

Historical Bitcoin Cycle Tops:

· 2013: ~$1,242

· 2017: ~$19,700

· 2021: ~...

$55,000 will be the lifeline for Bitcoin.

The government has just issued Resolution No. 23/NQ-CP following the regular government meeting in January 2026, which emphasizes the requirement for proactive, flexible, and effective monetary policy management, with close coordination...

The Vietnamese government is pushing for the operation of a gold and cryptocurrency exchange by February 28, 2026.

The crypto market experienced a sharp drop this afternoon, with Ethereum falling below the $2,000 mark at 3 PM Taiwan time, according to Hyperliquid [...]
The article, titled "Machi Big Brother Suffers Huge Losses and Didn't Sleep All Night? Ethereum Falls Below 2000 Magnesium, Panic Arrives, Opens Long BlockTempo and Loses 120,000 Magnesium," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Machi Big Brother lost so much money he couldn't sleep all night? Ethereum fell below 2000, causing panic. He long positions in ETH and HYPE, then sold at a loss, losing all 120,000 in magnesium.