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Worst Ethereum Weekly Outflow: Are Smart Investors Buying the Dip?

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Worst Ethereum Weekly Outflow Are Smart Investors Buying The Dip

Worst Ethereum Weekly Outflow: Is a Rebound Finally on the Horizon?

Worst Ethereum Weekly Outflow: Is A Rebound Finally On The Horizon?

Ether recorded its lowest weekly closing since November 2023, underscoring the significant difficulties the leading crypto has faced in recent months. This represents a 51% decrease over the last 83 days, or a loss of almost 0.61% every day on average. A daily compounding of the losses raises the rate to roughly 0.84%. The cryptocurrency analytics website IntoTheBlock reports that Ethereum saw large outflows of $1.8 billion during the previous week. Since December 2022, the weekly outflow has been at its highest point.

Despite ongoing pessimism around Ether prices, this trend suggests many holders see current levels as a strategic buying opportunity.

IntoTheBlock

Bullish Reversal? Ethereum’s Diamond Pattern Hints at $2,600 Target

Bullish Reversal? Ethereum’s Diamond Pattern Hints At $2,600 Target

According to the data, Ethereum’s market value to realized value (MVRV) ratio also fell to 0.8 for the first time since October 18, 2023. A possible buying opportunity is indicated by undervaluation, which is shown by an MVRV ratio less than 1. On October 18, 2023, Ether recorded a local bottom around $1,600, the start of the 2024 bull run, and a bullish reversal when the MVRV ratio fell to 0.8.

The price of Ether has been steadily declining since the start of 2025, and it is currently consolidating close to its psychological level of $2,000. Technical analyst Mikybull notes that Ethereum is “showing a bullish reversal” with a diamond price pattern in relation to this intraday price action. Following a downward trend, a diamond pattern points to a possible bullish reversal. Ether may rise 20% from its present price to $2,600 based on the measured target of this pattern.

Worst Ethereum Weekly Outflow: Are Smart Investors Buying The Dip? 331631

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Worst Ethereum Weekly Outflow: Are Smart Investors Buying The Dip? 331631
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lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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