ETH falls into ‘buy zone,’ but volatility-adverse traders take a wait-and-see approach
Ethereum retests $3,000 as its Mayer Multiple falls below 1, entering a historical buy zone, while liquidity clusters signal short-term volatility ahead.
Key takeaways:
Ether’s 20% monthly decline has pushed it into a clear daily downtrend, retesting $3,000 for the first time since July.
The Mayer Multiple falling below 1 signals a historically strong accumulation zone, resembling past bottoming phases.
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