BlockBeats news, June 22, on-chain data analyst Murphy posted on social media that since March 2, the middle orange line of the extreme deviation pricing range of MVRV has repeatedly become a support level for pullbacks or a resistance level for rebounds. The current position of this line at $102,000 is particularly critical. Theoretically, in the absence of further negative events triggering pessimistic sentiment, this position should be able to gain support for a rebound in the short term. If the support fails, it will continue to fall to test the upper boundary of the URPD accumulation area-B range, which is the $98,000 position; and $98,000 is also the average cost line for current short-term holders, which is regarded as a phase of 'bull-bear dividing line.'