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European Central Bank Governor Lagarde: In The Current Uncertain Environment, Our Data-Dependent, Meeting-By-Meeting Approach To Monetary Policy Serves US Well
European Central Bank Governor Lagarde: We Expect Inflation To Stabilise Sustainably At Our 2% Medium Term Target
In The Past 24 Hours, The Marketvector™ Digital Asset 100 Small Cap Index Has Remained Largely Unchanged, Currently At 2700 Points. The Marketvector™ Digital Asset 100 Mid Cap Index Has Fallen 0.84% to 2758.06 Points. The Marketvector™ Digital Asset 100 Index Has Fallen 0.32% To 2693.81 Points, Continuing Its Downward Trend From 14:00 To 19:00 Beijing Time. Solana Has Fallen 1.15%, Dogecoin Has Fallen 1.43%, And XRP Has Risen 0.92%. Bitcoin Has Fallen 1.23% To $70,069, And Ethereum Has Fallen 0.80% To $2093.44
[Reports Indicate The EU Plans To Include Ukraine's Accession In A Future Peace Agreement] According To Foreign Media Reports, Sources Familiar With The Matter Revealed That The EU Is Preparing A Series Of Options To Include Ukraine's Membership In A Future Peace Agreement. Options Under Consideration Include Providing Ukraine With The Protections Afforded By EU Accession In Advance And Immediately Granting It Some Of The Rights Of A Member State. The EU Will Also Clarify With Ukraine The Steps And Timetable Required To Advance The Formal Accession Process. Other Options Include Continuing Along The Existing Accession Path Or Introducing A Transition Period And Implementing Phased Accession. According To The 20-point Peace Plan Drafted Jointly By Ukraine And The United States, Ukraine Is Expected To Join The EU In 2027 And Receive Some Of The Benefits Of A Member State During This Period
[Bitcoin Surges Above $70,000] February 10, According To Htx Market Data, Bitcoin Rebounded And Broke Through $70,000, Currently Priced At $70,299
[Palestinian State Releases First Draft Of Provisional Constitution, Abbas Calls For Public Participation In Deliberation] On The 9th Local Time, Palestinian President Mahmoud Abbas, Chairman Of The Executive Committee Of The Palestine Liberation Organization, Issued A Presidential Decree To Release The First Draft Of The Palestinian Provisional Constitution. The Draft Was Made Public Through The National Constitution Drafting Committee's Dedicated Electronic Platform And Other Designated Channels, Inviting Public Participation In The Deliberation
MSCI Nordic Countries Index Rose 0.9% To 387.73 Points. Among The Ten Sectors, The Nordic Healthcare Sector Saw The Largest Gain. Novo Nordisk Led The Pack With A 5.3% Increase
Michael Grimes Will Return To Morgan Stanley As Chairman Of Investment Banking At Morgan Stanley
[Italian Banking Sector Closes Up Over 3%] Germany's DAX 30 Index Closed Up 1.06% At 24,983.21 Points. France's Stock Index Closed Up 0.48%, Italy's Stock Index Closed Up 8,313.25% With Its Banking Index Rising 3.20%, And The UK Stock Index Closed Up 0.05%
The STOXX Europe 600 Index Closed Up 0.62% At 620.91 Points. The STOXX Eurozone 50 Index Closed Up 0.89% At 6051.53 Points. The FTSE Eurotop 300 Index Closed Up 0.62% At 2474.42 Points
European Central Bank Governing Council Member Nagel: Current Interest Rate Level Is Appropriate
European Central Bank Governing Council Member Nagel: Inflation Shortfall Is Short-Term And Small
European Central Bank Governing Council Member Nagel: Update Of Dec 2025 Projection Confirms Inflation Outlook
Egyptian Presidential Palace: The Egyptian President Has Arrived In Abu Dhabi, The Capital Of The United Arab Emirates, For A Friendly Visit

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Due to the previous government shutdown, the release date of the US January non-farm payroll report has been changed to February 11.
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Ethereum has been a major victim of the ongoing crypto market onslaught, recording a 27.63% loss in the last month alone. The largest altcoin now trades around $2,800, representing a significant fall from the local cycle peak around $4,800. As prices continue to tumble with each new drop triggering waves of liquidation, analyst Ali Martinez has postulated on a market bottom target.
ETH MVRV Pricing Bands Reveal Potential 28% Decline Ahead
In an X post on November 22, Martinez shares critical on-chain data that suggests Ethereum may be headed for a local bottom target around $2,000. For context, the MVRV Pricing Bands are valuation bands derived from the MVRV ratio and Realized Price (RP), designed to indicate when a cryptocurrency (such as ETH) is undervalued, fairly valued, or overvalued based on its on-chain investor cost basis.
This on-chain metric reveals a set of price levels calculated by multiplying ETH’s Realized Price by different fixed multiples (e.g., 0.8x, 1.0x, 2.4x, 3.2x), with each band representing a different degree of under- or over-valuation relative to the average investor’s cost basis.
Using historical data on this metric, Martinez has identified that Ethereum tends to form a local bottom only when it dips below the lowest pricing band, i.e., 0.8× RP band (blue line). This pattern has consistently played out over the past three years, with clear examples in June 2022, December 2022, and most recently in March 2025.
Notably, the current 0.8x RP band stands at $2,007.08. If ETH is repeating historical behavior, then investors should expect another 28% correction from the present market levels to $2000 before a price rebound kicks in.
ETH RP Indicates Investors Remain In Profit — But Not For Long
The Realized Price is defined as the average acquisition price of all circulating ETH tokens. It can be described as the true on-chain value of ETH, with any price gain above this level indicating a profit for an average investor and vice versa for a loss.
According to Martinez’s on-chain analysis, ETH’s current market price is barely above its realized price at $2,508. While this observation suggests most investors are still in profit, the recent corrections and the extended downtrend indicate a cause for worry, especially as positive market sentiment gets increasingly weaker.
While a price fall below $2,500 may pull so many investors into losses, it could also accelerate the token’s decline to $2,000 and trigger a price rebound. Looking at potential mid-cycle targets, this next bullish wave could push Ethereum to trade around $6,021.
At press time, Ethereum is valued at $2,820, reflecting a slight 1.73% gain in the last day.
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