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Is Ethereum Undervalued? Investors Hold Firm While Price Targets Rise

  • Ethereum's price surge has led retail investors to hold onto their holdings, indicating a perception of undervaluation.
  • Limited inflow of Ethereum to major exchanges suggests a cautious but optimistic outlook among traders.
  • The Spent Output Profit Ratio (SOPR) indicates a lack of significant profit realization among ETH holders, reinforcing the buy-and-hold sentiment.
  • Analysts predict a price target of $10,000 to $13,000 for Ethereum, highlighting it as a notable buying opportunity.

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