$BTC realized price sitting at $53,188 while spot is $77,368
MVRV at 1.45 — still room before overheated territory
Realized Mayer Multiple at 0.99 — basically fair value on-chain
Not euphoric yet. Not capitulation either. Mid-cycle vibes.
If you're waiting for sub-realized to ape in, you might be waiting a while.
MVRV at 1.45 — still room before overheated territory
Realized Mayer Multiple at 0.99 — basically fair value on-chain
Not euphoric yet. Not capitulation either. Mid-cycle vibes.
If you're waiting for sub-realized to ape in, you might be waiting a while.
