Ethereum’s MVRV Z-Score has recently dropped, indicating an undervalued status for the native token, Ether (ETH). Inflows into accumulation addresses are at their highest, reflecting strong institutional interest, especially as large holders buy during price dips.

Currently priced around 2,291 USD, ETH is at a critical support level. Analysts predict a rebound towards the potential target of 4,063 USD if it manages to break through key Fibonacci levels and supports.