The Fidelity Signals report, which was published in the first quarter of 2025, indicates that Ethereum may have been under the potential of the current market value. According to the report, technical indicators and network data offer important clues that investors should not ignore.
Indicators point to the opportunity to buy
Fidelity emphasizes that the price of Ethereum has declined by 45 %since the peak of January, while in March, a classic “death cross -section” signal has occurred with the 50 -day simple moving average below 200 -day average. Although this technical structure gives a signal of weakness in the short term, some indicators underline a strong potential in the long term.
In particular, the MVRV Z -Score indicator at -0.18 levels suggest that Ethereum’s market price is below the real value. This metric is one of the tools used by many analysts to detect “bottom areas .. Therefore, this value is interpreted as a promising signal that Ethereum is currently priced.
In addition, Ethereum’s market value ratio against Bitcoin is also remarkable. This ratio, which is close to 2020, has a decline in a decline from the end of 2022 and the last 30 -month period was the scene of a continuous weakening. This is a strong sign that Ethereum performs weak performance against BTC.
Activity and technical improvements in the network
The report also includes detailed user interaction on the Ethereum network. Particularly with the growth of Layer-2 solutions, there were significant increases in the number of interactions. At the end of the first quarter of 2025, the total number of users interacting with the network reached 13.6 million and broke a record. This increase is considered as a positive signal that Ethereum’s infrastructure deepens.
Another remarkable development was Ethereum’s 12 -hour Ichimoku cloud indicator. This technical signal stands out as a promising indicator that the rise trend can begin. The fact that such a technical improvement has been observed for the first time since December 2024, it can be morale for investors.
The Fidelity report also included the Net -Unreasonable Snow/Loss (NUPL) ratio. The fact that this indicator is at the end of the first quarter indicates that the market is under intense sales pressure. In other words, most of the investors, neither profit nor loss; This may indicate that the market is in a neutral or even desperate area.
The disruption of the macroeconomic environment is among the warnings made to investors in the report. External factors such as global economic uncertainties, interest rates and risk of regulation can create pressure on the Ethereum price in the short term. Therefore, Fidelity emphasizes that investors should be prepared for short -term volatility.
When the general framework is examined, the long -term potential of Ethereum is still strong, but short -term risks should not be ignored. So Ethereum may be close to the bottom levels; But that doesn’t mean that the road will flatten at any time.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
