$BTC sitting at $83k while realized price is only $53k
MVRV at 1.55 = we're in profit territory but not euphoric yet
Realized Mayer Multiple exactly at 1.00 = perfectly balanced on historical avg
Translation: Market hasn't overheated. Still room to run if liquidity flows in. Not distribution zone yet.
Realizing gains? Your avg holder is up 55%. Not enough to trigger mass exits but enough to feel comfortable.
Watch for MVRV pushing 2.5+ before calling tops.
MVRV at 1.55 = we're in profit territory but not euphoric yet
Realized Mayer Multiple exactly at 1.00 = perfectly balanced on historical avg
Translation: Market hasn't overheated. Still room to run if liquidity flows in. Not distribution zone yet.
Realizing gains? Your avg holder is up 55%. Not enough to trigger mass exits but enough to feel comfortable.
Watch for MVRV pushing 2.5+ before calling tops.
