Ulukin Ahmad 🐹 (ulukinahmad)

LFG $SOCIAL

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Ethereum Market Value to Realized Value (MVRV) Even though many have a very bearish view of Ethereum and the potential for an Altseason, if we look at Ethereum's on-chain activity, we can see a projection that is much "more active" compared to Bitcoin. This shows that Ethereum as a decentralized network has real functions and use cases. This shows that Ethereum can still be used as an option for accumulation considering that soon the Ethereum ETF will be traded. Source: Crypto Quant

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GM

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GM🤡

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TOTAL 1, TOTAL 2, TOTAL 3 Everything is in a state that is ready to flip this level. Price action wise, everything looks bullish in the weekly time frame.

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Altseason theory 245 days after halving. One historical possibility that could occur is a drop of Bitcoin Dominance 245 days after the halving. Where from the two previous halvings, the Altcoin Season only occurred a few months after the halving.

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Network Value to Transaction (NVT) Indicator One of the on-chain indicators that can be used as a reference for whether the price is currently oversoled or overbought is NVT. NVT can be used to identify local tops and local bottoms.

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