Indicators that holders need to look at!

Current BTC: MVRV value is 2.15

Function fitting this round of bull top BTC: MVRV fuzzy value is 3.59

The gray line in the figure is BTC price, and the orange line chain indicator is BTC: MVRV. In addition, two function curves are used to fit the historical top and bottom of BTC.

Note: MVRV (Market Value to Realized Value) refers to the total market value/total purchase cost of all BTC on the chain, that is, the average market value/cost of each chip on the chain.