Ethereum is currently rebounding from undervalued levels, based on on-chain metrics like MVRV. Historically, these conditions have preceded strong recoveries as the market shifts from fear to accumulation.

To capitalize on this, investors can accumulate during consolidation phases, when prices are still below key recovery levels. Instead of trying to time the exact bottom, spreading entries over time can help capture upside while reducing risk—especially if Ethereum continues its climb toward higher price targets in the coming months.