PAVA Indicator: Morgan Stanley’s New Tool to Divide ETH Users as ‘Believers’, ‘Speculators’

Morgan Stanley has introduced a speculation indicator called PAVA (price-adjusted volume per address) tool. The PAVA tool will divide ETH investors into two classifications — believers and speculators. The indicator is considered stronger at identifying lower, than higher, market extremes for the dedicated asset, which in this case is Ether.

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