The MVRV (Market Value to Realized Value) indicator helps us understand whether the market is overvalued or undervalued. 📊 Recently, the historical average MVRV of 1.75 was tested and the macro downtrend continues. The "death cross" concern occurred as the 30DMA fell below the 365DMA.

An MVRV value of 1.88 could mean a potential 88% profit for BTC holders. However, MVRV exceeding 1.0 does not mean that the uptrend will continue. While market volatility is low, a large price movement is expected. During this period, risk management and limiting potential losses are important.