Lately, I’ve been watching the Short-Term Holder MVRV Indicator closely, and it’s painting a familiar picture. Every time BTC dips near or below the short-term cost basis, especially around the -1sd band, we’ve seen strong accumulation zones emerge. Think $3k in 2020, $15–20k in 2022, and even the $29k retest. These weren’t just bottoms, they were launchpads.
Now, as we approach the $85k region, BTC is flirting with the upper MVRV band again. Historically, that’s where euphoria starts to creep in and risk/reward tilts unfavorably. But this cycle feels more measured. If price consolidates above the +1sd line without overheating, it could signal structural strength rather than speculative excess.
I’m keeping an eye on sentiment and liquidity flows. The MVRV map doesn’t predict tops or bottoms, it reveals where emotions and value collide. And right now, that collision is getting interesting.
BTCUSDT
Тұрақты
88,671.9
+1.18%
NOMUSDT
Тұрақты
0.0104
-12.57%
NOTUSDT
Тұрақты
0.0005538
+3.03%