Ethereum Gains Bullish Momentum as MVRV Ratio Turns Net Positive

Ethereum’s MVRV ratio turns positive, signaling improved investor sentiment and profit potential.

The Ethereum Foundation launches a major security initiative to strengthen long-term trust.

Analysts eye $3,000 if support holds, but short-term pullback risk remains due to bearish signals.

Ethereum (ETH) has just flipped into positive momentum, as shown by the Market Value to Realized Value (MVRV) ratio. This metric, used to assess average investor profitability, indicates Ethereum holders are now in a net profit position, which may suggest renewed bullish sentiment in the market.

Trillion-Dollar Security Initiative Supports Long-Term Network Stability

The Ethereum Foundation has launched its “Trillion Dollar Security” initiative to prepare the network for wider institutional and retail use. The program was announced on May 14 and will focus on securing wallets, smart contracts, and the broader Ethereum technology stack.

According to an update shared by the Ethereum Foundation, the project is structured in three phases. The first will assess vulnerabilities across the network. In the next stage, developers and community contributors will implement the required fixes. The final stage will aim to improve understanding and trust by communicating Ethereum’s security features more clearly.

Fredrik Svantes and Josh Stark will lead the initiative with support from blockchain security professionals, including Samczsun from the Security Alliance and Mehdi Zerouali of Sigma Prime. The Foundation has invited public feedback via a form on its website.

Analysts See Bullish Prospects, Though Short-Term Risks Remain

Despite recent price volatility, analysts are optimistic about Ethereum’s upward potential if support levels hold. According to data from Coinglass, derivatives market activity remains strong with trading volume rising by 25% and open interest increasing by 4.52%.

Analyst Rose Premium stated, “If ETH holds the previous breakout zone as support, a continuation towards $3,000+ becomes highly probable.” However, Ethereum’s dominance relative to other coins is facing resistance below its 200-day EMA. This may lead to a short-term pullback, with key support at $2,400 and $2,100, as mentioned by DaanCrypto via X.

Source :DaanCrypto(X)

According to an observation by AlphaBTC, bearish divergence on the four-hour chart may indicate a 10–15% drop. Still, traders like Michaël van de Poppe see any decline as a possible buying opportunity if Ethereum maintains its broader $2,100–$2,800 trading range.

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