The Ethereum Disconnect: Why a 0.83 Mayer Multiple Is the Ultimate Accumulation Signal

Ethereum’s recent price action has pushed the asset into a rare territory of extreme historical undervaluation. The Mayer Multiple, a sophisticated metric calculated by dividing the current price by the 200-day moving average, has currently dipped to 0.83. Historically, any period where this ratio falls below the 1.0 threshold has signaled a premier strategic opportunity for long-term accumulation.

Current data suggests that as the multiple compresses further below 1.0, the subsequent recovery tends to be more explosive. Past instances of similar readings, particularly during structural bottoms in 2020 and 2022, preceded massive macro expansions. For disciplined market analysts, this 0.83 reading indicates that ETH is trading at a significant discount relative to its long-term trend, offering a high-probability entry point before the next phase of momentum return. $ETH