Ethereum Mvrv Z-score Review

| Z-Score Range | Signal | Market Condition | What It Means | |---------------|--------|------------------|----------------| | | 🔴 Extreme Overvaluation | Macro Top Zone | Price is far above average cost basis. High probability of correction or bear market start. | | 3.0 – 6.0 | 🟡 Overvalued | Late Bull Market | Risky entry for long-term buys. Good for taking profits. | | 0 – 3.0 | 🟢 Fairly Valued | Mid-cycle | Normal range. No extreme signal. | | < 0 | 🟣 Undervalued | Accumulation Zone | Price below average market cost basis. Historically excellent buying zone. | | < -0.5 | 🔵 Extreme Undervaluation | Bear Market Bottom Zone | Similar to March 2020, June 2022, November 2022 bottoms. |