Insights

Wu reported that cryptocurrency analyst Ali Martinez stated that the Entity-Adjusted Dormancy Flow for ETH has fallen below 1 million. Historically, this indicator suggests that the market is in a macro bottom region, indicating that ETH may be undervalued and that long-term holders have a low willingness to sell. Ali pointed out that this signal also reflects a depressed market sentiment, suggesting that capitulation may have occurred, and smart money could be accumulating.