Bitcoin is trading at $86,550 with a market cap of $1.72 trillion and 24-hour 
trading volume standing firm at $45.17 billion. The intraday price range of 
$83,402 to $86,828 paints a picture of resilient bulls and hesitant bears 
locking horns across multiple timeframes. Bitcoin Chart Outlook The 1-hour 
chart showcases a short-term uptrend, prancing with […]

Bitcoin Price Watch: $86K and Climbing—But for How Long?

Ethereum has been a major victim of the ongoing crypto market onslaught, 
recording a 27.63% loss in the last month alone. The largest altcoin now 
trades around $2,800, representing a significant fall from the local cycle 
peak around $4,800. As prices continue to tumble with each new drop triggering 
waves of liquidation, analyst Ali Martinez has postulated on a market bottom 
target. Related Reading: Ethereum Golden Pocket In Play – Can ETH Turn The 
Tide Above $2,800? ETH MVRV Pricing Bands Reveal Potential 28% Decline Ahead 
In an X post on November 22, Martinez shares critical on-chain data that 
suggests Ethereum may be headed for a local bottom target around $2,000. For 
context, the MVRV Pricing Bands are valuation bands derived from the MVRV 
ratio and Realized Price (RP), designed to indicate when a cryptocurrency 
(such as ETH) is undervalued, fairly valued, or overvalued based on its on- 
chain investor cost basis. This on-chain metric reveals a set of price levels 
calculated by multiplying ETH&#8217;s Realized Price by different fixed multiples 
(e.g., 0.8x, 1.0x, 2.4x, 3.2x), with each band representing a different degree 
of under- or over-valuation relative to the average investor’s cost basis. 
Using historical data on this metric, Martinez has identified that Ethereum 
tends to form a local bottom only when it dips below the lowest pricing band, 
i.e., 0.8× RP band (blue line). This pattern has consistently played out over 
the past three years, with clear examples in June 2022, December 2022, and 
most recently in March 2025. Notably, the current 0.8x RP band stands at 
$2,007.08. If ETH is repeating historical behavior, then investors should 
expect another 28% correction from the present market levels to $2000 before a 
price rebound kicks in. Related Reading: Pundit Reveals Why XRP Price At 
$1,000 Is Not A Dream – ‘It’s Math’ ETH RP Indicates Investors Remain In 
Profit — But Not For Long The Realized Price is defined as the average 
acquisition price of all circulating ETH tokens. It can be described as the 
true on-chain value of ETH, with any price gain above this level indicating a 
profit for an average investor and vice versa for a loss. According to 
Martinez&#8217;s on-chain analysis, ETH&#8217;s current market price is barely above its 
realized price at $2,508. While this observation suggests most investors are 
still in profit, the recent corrections and the extended downtrend indicate a 
cause for worry, especially as positive market sentiment gets increasingly 
weaker. While a price fall below $2,500 may pull so many investors into 
losses, it could also accelerate the token&#8217;s decline to $2,000 and trigger a 
price rebound. Looking at potential mid-cycle targets, this next bullish wave 
could push Ethereum to trade around $6,021. At press time, Ethereum is valued 
at $2,820, reflecting a slight 1.73% gain in the last day. Featured image from 
Flickr, chart from Tradingview

On-Chain Metric Tips Ethereum To Form Price Bottom Below $2,000 – Here’s Why

Chainlink price remained under pressure as it crashed for four consecutive 
weeks and hit a crucial support level. Chainlink (LINK) token dropped to $12, 
its lowest level since June, and 55% from its highest point this year. The 
ongoing LINK…

Chainlink price hits support as exchange supply dives ahead of ETF launch

Dogecoin price continued its recent crash and moved below an important support 
level as sentiment in the industry worsened. Dogecoin (DOGE) token has crashed 
in the last four consecutive weeks and is now hovering at its lowest level 
since April…

Will the Dogecoin price rebound ahead of the GDOG ETF launch?

Bitwise XRP ETF, BTC Narrative Collapse, SEC Speeds Crypto ETFs, Bitcoin Panic 
Selling, and more in this Week in Review. Week in Review Bitwise’s new XRP ETF 
launched on the NYSE as mainstream interest grows, a sharp bitcoin price drop 
led analysts to call the BTC narrative collapse “inevitable” amid a market 
rout that cut […]

Cryptocurrency price in MXN