@amdavis
Ethereum has entered a capitulation zone after a 30% drop, splitting analyst opinions.
The Ethereum MVRV Z-Score fell to -0.42 following a two‑week, 30% decline that pushed the price down to around $1,825.
João Wedson, CEO of Alphractal, noted that this metric indicates capitulation but still remains above the bear market lows of 2018 and 2022, which reached -0.76.
Ethereum ETFs recorded a net inflow of $57 million on February 9, showing continued institutional interest despite the sell‑off.
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