Cryptocurrency analyst (Ali Martinez) points out that Ethereum has entered a milestone "buy zone," with its market cap to realized value ratio falling to the 0.8-1.0 range, which is a precursor to major bull market rallies in history. Previous entries into this zone have yielded gains as high as 5390%. Martinez believes now is an excellent time for long-term accumulation, but analyst (Trader Mayne) warns that Ethereum may be forming a lower low and is in a downtrend. Ethereum is currently trading at $2164.01.

ETH0.24%

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