🔝CryptoQuant: Bitcoin enters recovery phase as holders move into profit
🔬 The YoY True MVRV indicator has flipped into the green zone — a signal that the average purchase price of BTC over the past year is now lower than the current market price. In short, most investors are finally back in profit.
According to analyst Axel Adler Jr., panic selling pressure is fading. Many short-term holders are no longer underwater and feel less urgency to exit. At the same time, the “speculative premium” is still low, meaning few are rushing to take profits.
This shift aligns with a broader market recovery and may signal the beginning of a more sustainable bullish trend.
As Adler put it: “The real action is just beginning.”
Are you already in — or still watching from the sidelines?