Event JSON
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"Ethereum price drops as MVRV and active addresses ratio rise"
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"Ethereum's price decline occurred in a low-volume environment, with the 24-hour volume dropping to $17.5 billion. The futures open interest also fell, indicating decreasing demand among traders. Despite this, there are some positive signs in the Ethereum market, including a rise in the total value locked in its DeFi ecosystem and an increase in active addresses. Technical analysis suggests that Ethereum may continue to decline, potentially reaching the psychological point at $3,000."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2024/11/crypto-news-is-Ethereum-dying-option01.webp\nEthereum price retreated on Boxing Day as the gains made during the Santa Claus rally were erased. Ethereum (ETH) token fell to $3,340, down by over 5.6% from its highest level this week. This retreat happened as a sea of…\nhttps://crypto.news/ethereum-price-drops-as-mvrv-and-active-addresses-ratio-rise/",
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