$BTC MVRV sitting at 1.57 🟡
Not overheated, not capitulation. Middle ground.
Historically, sub-1.0 = blood in streets (buy zone). Above 3.5 = euphoria (distribution zone).
1.57 means we're in neutral territory. No screaming buy signal, no red flags either. Just... waiting for the next catalyst.
Watch for breakout above 2.0 or dip below 1.2 for clearer directional plays.
Not overheated, not capitulation. Middle ground.
Historically, sub-1.0 = blood in streets (buy zone). Above 3.5 = euphoria (distribution zone).
1.57 means we're in neutral territory. No screaming buy signal, no red flags either. Just... waiting for the next catalyst.
Watch for breakout above 2.0 or dip below 1.2 for clearer directional plays.
