This section examines the "restarts" that occur during the correction phase of Bitcoin. The MVRV Index, which measures the average unrealized profit/loss of investors, has returned to its long-term average (1.74), similar to the consolidation in August 2024. This fundamental metric helps identify market regimes through standard deviation ranges, with the current level indicating a transition point between recovery and the beginning of market upswings. A sustained move above this average would signal the return of investor confidence.

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