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Analysis: On-chain data shows that ETH may have completed the bottom

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2025-04-12 08:57:39
On April 12, crypto analyst Ali Martinez said that Ethereum (ETH) may have completed the bottoming phase of this market cycle. The data shows that the ETH entity adjustment dormancy flow (Entity-Adjusted Dormancy Flow) indicator recently fell below 1 million. Historically, this low indicator usually indicates a macro bottom area, indicating that ETH may be undervalued and long-term holders are less inclined to sell.
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