"Estoy muy bien" is a phrase which is often translated as "I'm very well", and "hola" is an interjection which is often translated as "hello". Learn more about the difference between "estoy muy bien" and "hola" below.
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estoy muy bien
A phrase is a group of words commonly used together (e.g once upon a time).
1. (I feel very well)
2. (I feel very comfortable)
3. (I look very handsome)