<ul><li>Ethereum's price increased by 10% in the past 24 hours, following a broader market correction.</li><li>On-chain data suggests ETH may enter an accumulation phase, with the MVRV ratio dropping below 1.</li><li>Accumulation patterns and increased institutional holdings at key price levels could impact Ethereum's trajectory.</li><li>Despite potential risks, Ethereum's outlook remains positive due to its strong market position and institutional interest.</li></ul>

Ethereum Surges Nearly 10% As MVRV Ratio Drops Below 1—Bigger Rally Incoming?

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