Bitcoin's “underwear” has been laid bare! When this indicator rings, it's gold galore?
Insight: Historically, the four major bottoms have appeared around this value, but it's not time to just close your eyes and dive in yet.
A-Chen gets straight to the point: the MVRV Z-Score has dropped to 0.24.
In 2011, 2014, 2018, and 2022, each time it crashed to the zero line or even into the negatives, a huge bull market followed. We're just a thin layer of glass away from zero—most of the painful chapter is basically done.
But don’t get too carried away! Let’s look at two more numbers:
Short-term players have an MVRV of 0.84 (taking a hit), while long-term whales are still at 1.29 (holding onto unrealized gains).
Historically, when we truly hit the bottom, these two numbers need to be pretty much glued together. Right now, we’re still a bit apart, meaning the market is likely to grind a little more and maybe even take another jab.
My personal take: the panic selling is about done, but bottoms are “grounded” out, not just shouted out.
What should retail traders do? Dabble in dollar-cost averaging with spare cash, don’t go all in. Keep an eye on when the short and long-term MVRV stick together—that’s when the real battle cry will sound.
Want to know exactly where to hop on? Drop a “1” in the comments, and A-Chen will break it down for you one by one. @链上阿陈 聊天室
#纽约法官暂停BTC休眠钱包诉讼
Insight: Historically, the four major bottoms have appeared around this value, but it's not time to just close your eyes and dive in yet.
A-Chen gets straight to the point: the MVRV Z-Score has dropped to 0.24.
In 2011, 2014, 2018, and 2022, each time it crashed to the zero line or even into the negatives, a huge bull market followed. We're just a thin layer of glass away from zero—most of the painful chapter is basically done.
But don’t get too carried away! Let’s look at two more numbers:
Short-term players have an MVRV of 0.84 (taking a hit), while long-term whales are still at 1.29 (holding onto unrealized gains).
Historically, when we truly hit the bottom, these two numbers need to be pretty much glued together. Right now, we’re still a bit apart, meaning the market is likely to grind a little more and maybe even take another jab.
My personal take: the panic selling is about done, but bottoms are “grounded” out, not just shouted out.
What should retail traders do? Dabble in dollar-cost averaging with spare cash, don’t go all in. Keep an eye on when the short and long-term MVRV stick together—that’s when the real battle cry will sound.
Want to know exactly where to hop on? Drop a “1” in the comments, and A-Chen will break it down for you one by one. @链上阿陈 聊天室
#纽约法官暂停BTC休眠钱包诉讼