👛 Short-term BTC holders have locked in profits — is the market preparing for a new impulse?

The MVRV indicator for short-term holders has dropped from $98K and 1.35 to average values, indicating the exit of some players. Typically, a zone above 1.30–1.35 signals overheating and possible sell-offs. Currently, the market is holding above $89K, and dips to $90K are being bought up.

In January 2024, a similar situation led to new growth. If there are no negative triggers, a continuation of the bullish trend can be expected. $BTC #BTC #holders #InvestSmart #bullish #TrendingTopic