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Weekend Drop? Ethereum Data Uncovers Signs of a Bullish Comeback

  • Ethereum experienced a price dip over the weekend, but key metrics suggest the rally remains intact.
  • The MVRV ratio on the Ethereum network is now in positive territory, indicating potential price increases.
  • Whales accumulating Ethereum and increased outflows from exchanges signal strong price support and confidence in the cryptocurrency.
  • Bullish technical indicators and ongoing network developments support Ethereum's growth, with price targets around $3,000 and $4,000.

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