Ethereum's (ETH) potential undervaluation indicated by blockchain metric, per crypto expert's analysis
On the digital frontier, we've got you covered with the latest news and chatter about Bitcoin, Ethereum, and all things crypto. Today, we're taking a look at the smart contract platform, Ethereum (ETH).
According to some shrewd crypto analysts, the on-chain indicator known as Entity-Adjusted Dormancy Flow is suggesting that ETH could be undervalued. Analyst Ali Martinez broke the news to his 135k followers on social media X, indicating that the recent drop in this indicator might point towards ETH carving out a major cycle bottom.
"This historically indicates a macro bottom zone, meaning ETH might be undervalued and long-term holders are less inclined to sell. It also suggests:
• Sentiment is low • Capitulation may have occurred • Smart money might be accumulating"
Without delving too deep into the nitty-gritty of the Entity-Adjusted Dormancy Flow, it's used to time market lows and assess whether an asset is in a bullish or bearish primary trend. Essentially, the bigger the market cap in comparison to its annualized dormancy value, the more bullish the primary trend.
Furthermore, Martinez mentioned a notable movement of 453k Ethereum flowing out from exchanges in the last five days, which could be deemed a bullish indicator, as deep-pocketed investors start accumulating ETH once again.
Currently, ETH is trading at $1,558, up a smidge over 2% in the last 24 hours. Be sure to check The Daily Hodl for price updates, analytics, and more insights into the digital currency space. Stay on top of your crypto game, because the blockchain world is only heating up!
As always, keep it locked on The Daily Hodl for the latest cryptocurrency news, reviews, and accurate, timely analysis. But remember, investing in digital assets isn't for the faint at heart – always do your due diligence before making any high-risk moves. And, of course, never invest more than you're willing to lose!
Follow us on X, Facebook, and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action, Surf The Daily Hodl Mix
Disclaimer: The opinions expressed at The Daily Hodl are not investment advice. Investors should do their own research before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl is not an investment advisor. Also, The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
Industry Announcements
- Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built for Transparent YieldApril 28, 2025
- Ika Reveals Strategic Investment From Sui Foundation, Bringing Total Funding to Over $21 MillionApril 28, 2025
- BYDFi Becomes Official Sponsor of TOKEN2049 Dubai, MoonX On-Chain Trading Tool Makes Its Debut in the Middle EastApril 28, 2025
- BTSE Enterprise Solutions To Kick Off BTSE Broker API Hackathon in DubaiApril 28, 2025
- Richard Heart Triumphs in Court After SEC Case Dismissed in FullApril 25, 2025
- Huma Surpasses $4 Billion in Transactions Just Two Weeks After Launching 2.0 on SolanaApril 25, 2025
- Whale.io Sets Sail for Token2049 Dubai As Wristband Sponsor, Gearing Up for WHALE Token LaunchApril 25, 2025
$*$*94,690.370.38%$*$*1,799.010.28%$*$*604.700.01%$*$*147.901.24%$**$2.291.67%
Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.
Categories
Bitcoin • Ethereum • Trading •Altcoins • Futuremash • Financeflux •Blockchain • Regulators • Scams •HodlX • Press Releases
ABOUT US | EDITORIAL POLICY | PRIVACY POLICYTERMS AND CONDITIONS | CONTACT | ADVERTISE
JOIN US ON TELEGRAM
JOIN US ON X
JOIN US ON FACEBOOK
COPYRIGHT © 2017-2025 THE DAILY HODL
- Julie, a financial analyst, notes a bullish trend for Ethereum (ETH) based on the Entity-Adjusted Dormancy Flow indicator, hinting at potential undervaluation.
- As ETH carves out a potential cycle bottom, investors might want to consider adding altcoins to their portfolio as well, given the overall bullish sentiment in the cryptocurrency market.
- On the flip side, with some investors remaining bearish on the crypto market, it's crucial for investors to exercise caution and conduct due diligence before making high-risk moves.
- As Ethereum trades at $1,558, it's worth keeping an eye on its progress, especially in light of the recent 453k Ethereum flowing out from exchanges, which could signal deep-pocketed investors accumulating ETH once again.
- In the realm of finance and digital assets, crypto exchanges remain an essential part of the equation, ensuring seamless transactions, especially as industry leaders announce new projects like Solstice Labs' USX, a Solana-native stablecoin, or strategic investments, such as the one received by Ika from Sui Foundation.
