I just went through the on-chain metrics, and I’m stunned.

$BTC ’s MVRV fell below 1.2, triggering a rare bottom alert. It’s the third time this has happened during a bear market; the last time was when BTC was at 16,000 in 2022. It briefly fell more than 15% this week—a weekly drop this large has occurred only 45 times in history.

The RSI is just 21, and the Fear Index is at 10. All the bottom-buying signals are flashing. But flashing signals don’t mean the bottom is in, and a low MVRV doesn’t guarantee the downtrend will end soon.

The current price is 64,715, and $ETH has just climbed back to 1,807. There are 8 hours left until the weekly candle closes at 8 tomorrow morning. All the signals are flashing—would you buy in?
A. Buy in gradually now and bet on history repeating / B. Wait and see if it reaches 60,000

$BTC $ETH $SOL
#比特币 #抄底 #Ethereum