$BTC sitting at $81.4k while Realized Price is only $53.7k.
MVRV at 1.52 means we're still in profit-taking territory but nowhere near euphoria.
Realized Mayer Multiple at 1.01 — basically at equilibrium. Not overheated, not capitulation.
This is mid-cycle pricing. Not moon, not doom. Just consolidation before the next leg.
Data: Oct 9, 2026
MVRV at 1.52 means we're still in profit-taking territory but nowhere near euphoria.
Realized Mayer Multiple at 1.01 — basically at equilibrium. Not overheated, not capitulation.
This is mid-cycle pricing. Not moon, not doom. Just consolidation before the next leg.
Data: Oct 9, 2026