Ethereum signals possible trend shift as MVRV dips below 0.8 and staking tops 31%

On March 25, 2026, Ethereum traded around $2,185, up 6.38% on the week, as analysts pointed to early signs of a potential shift in trend after a $1,800 support test. Key metrics highlighted include MVRV slipping under 0.8, a weekly SuperTrend flip to bullish for the first time since May 2025, and staking reaching 31.44% with about 38.31 million ETH locked. Despite tighter liquid supply and Binance balances at a post-2020 low, ETF flows and a negative Coinbase Premium suggest institutional demand has not yet confirmed the setup.