$BTC

BlockBeats News, June 22, on-chain data analyst Murphy posted on social media stating that since March 2, the middle orange line of the MVRV extreme deviation pricing range has repeatedly become a support or resistance level for pullbacks. The current position of this line at $102,000 is particularly crucial. Theoretically, without further negative events triggering pessimism, this position should be able to gain support for a rebound in the short term. If the support fails, it will continue to drop to test the upper boundary of the URPD accumulation zone-B, which is at the $98,000 level; and $98,000 is also the average cost line for current short-term holders, which is regarded as a stage 'bull-bear dividing line.'