Ethereum’s Short-Term Holder Profit Levels Remain Under Pressure

The STH MVRV (Market Value Realized) has remained below the 1.40 mark, signaling a restrained approach to profit-taking in the short-term Ethereum market. This pattern aligns with consistent historical top formations and a cautious approach from Short-Term holders (STHs), who have only reached unrealized profits of around 17%. Experts point out that this level has historically coincided with local market peaks, suggesting potential for market repetition.