Ethereum price remains under pressure after a sharp decline that unsettled investors across the crypto market. Although Ethereum appears to be entering a historically favorable accumulation zone, on-chain indicators reveal mixed conviction among different holder cohorts. Ethereum Is In a Prime Accumulation Range Ethereum’s Market Value to Realized Value, or MVRV, ratio indicates that ETH has entered what analysts describe as an “opportunity zone. ” This range lies between negative 18% and negative 28%
source: https://beincrypto.com/ethereum-sitting-in-the-opportunity-zone-is-still-struggling-at-price-recovery/