Look, if Ethereum has patience, it might be back in shape! Well, Ethereum looks a little tired too! DeX trading volume the network has had a 50% free fall in a week, suggesting a lot of traders are helping me out.

Now don't think it's just dropped in the meantime, we went from 86 billion in January to 14.5 billion in February! Something in the 83% volume reduction, which is not a good sign at all.

However, the number of new Ethereum addresses has grown by 11.93%, which means that some new users are still logging in, but those who were already are resting or maybe just holding.

On the other hand, the number of active addresses is down 55.4%, and the price has fallen from 3,353 to 1,887. That means demand is shrinking and the market is a little worrying.

Now, one more important thing: the mvrv ratio, which kind of shows the valuation status of the market, is down to 0.9. Whenever this ratio is below 1, it's usually in the market price floors.

What's certain is that now Ethereum is standing right in one or two ways!

Never forget risk management.