The MVRV Index compares the market price of $BTC with the average cost basis of the investor, helping to assess when investors hold disproportionate unrealized profits.
According to Glassnode, we are now trading between the ranges of +0.5σ (US$ 100.2k) and +1σ (US$ 119.4k), a zone that often precedes local tops.
➡️ what is your opinion?🚀
