Why is nobody talking about the massive disconnect between nominal prices and actual investor profit margins right now?
Most traders lose money because they buy the local top out of FOMO, only to panic sell when the market consolidates. They fail to see where the actual cost basis of the market lies.
The mainstream narrative insists that $BTC is overheated just because we are trading at high nominal USD values. But if you look at the MVRV ratio, the reality is entirely different. The average holder profit has actually reset back toward their cost basis, meaning the froth has been completely flushed out of the market without needing a catastrophic price crash.
To trade this effectively, stop staring at the daily candle colors and start tracking the MVRV Z-score. When MVRV resets near 1.0 while price holds steady, it historically signals a strong accumulation zone. You want to scale into majors like $BTC and $ETH during these quiet resets rather than chasing green candles during momentum phases.
Where do you think the market heads once this consolidation phase ends?
#Bitcoin #CryptoTrading #OnChain