Ethereum data supports the ETH price recovery

EthereumETHThe price of, which has recovered the $2,000 level after plunging under the $1800 mark in February 6, is now up by 18%. A local bottom is also being formed by a surge in price volatility, and low Z-score MVRV.

Takeaways from the conference:

• Binance’s Ethereum realized volatility is at its highest since March 20,25. It could be a sign of a recovery.

• Ether’s MVRV Z-Score dropped to the accumulation area, suggesting ETH’s bottom. 

• Ether’s long-term trendline around $1,800-$1,900 is a strong support. 

Ethereum’s volatility is at its highest level in 12 months

According to CryptoQuant, Ethereum’s volatility spiked, indicating that the market has entered a phase of high activity and repricing.

Volatility measures how Ether fluctuates in price over time. 

Related: ETH options turn bearish as traders prepare for extended Ether price downside

This chart shows how the Binance realized volatility indicator (30-day) has increased sharply since January, rising from 0.37 at mid-January to 0.97 as of Thursday. 

When the realized volatility reaches such high levels, it indicates that there is an imminent danger. “market has emerged from a period of relative calm and entered a highly volatile environment,” Arab Chain CryptoQuant Analyst said In a Quicktake Analysis, add:

“Past experience has shown that such readings have often preceded a significant upward move in Ethereum’s price.”

It was not until late March or early April 2025 that volatility reached this level, as the price of ETH formed a range at its lowest point between $1.500 and 1.700.

In less than 30days, the ETH/USD price pair soared by 77%, reaching $2,700. In Q4/2024, a similar price spike preceded Ether’s 74% rise.

The spike in volatility may be the start of a new downtrend. Once volatility levels off and the confidence level builds, ETH could experience a long-term rally.

Ether has fallen below $1.800, according to the MVRV Z Score

Ether’s MVRV Z-ScoreOne of the most widely used onchain metrics to determine market tops or bottoms has fallen into the accumulation zone in history (the green lines below), which strengthens the idea that ETH might have reached its bottom.

Ether’s MVRV Z-Score last dropped to its current value of -0.31 in April 2025 after a price drop of 66%. It was a time when the price of Ether had fallen to $1400. This led to a rally lasting several months, with ETH prices rising. rising 258% to its $4,950 all-time high. 

Ether may be oversold on the blockchain and continue its recovery. rising toward liquidity clusters In the short-term, you can expect to pay between $2200 and $2,500.

Ether’s 2020 Fractal Projects “explosive climb” Please see the ETH Price

Ether’s technical setup closely resembles that which sparked the price surge in 2020-2021. 

This monthly chart shows that price has been holding steady for a long time, similar to the trend that held the price in December 2018 through April 2020. 

“Every time price holds above this ascending support trend line, it launches into a parabolic rally,” Analyst Trader Tardigrade predicts 2020 said Add this to the X on Thursday:

“Now $ETH is testing the trendline again. If it holds here, history says we’re gearing up for another explosive climb.”

Glassnode cost distribution heatmap: This trendline lies between $1,900 and 1,800, the support zone where investors acquired 2.9 millions ETH recently. shows.

The following are some of the ways to get in touch with us. Cointelegraph reportedIf bulls are able to drive the price up above $2100, ETH may continue to recover and retest its 50-day moving average at $2540.