Ethereum: Potential Amidst Challenges and Volatility

Despite facing present market headwinds, the Ethereum blockchain shows promising signs of growth according to a recent report from Fidelity Investments. The Q1 2025 Signals Report suggests that Ethereum’s price could be undervalued, with technical indicators pointing towards potential buying opportunities. Notably, MVRV Z-score indicates an underestimation of Ethereum’s true value. Additionally, the market cap ratio against Bitcoin stands at levels reminiscent of 2020, highlighting a sustained weakening compared to its counterpart.