Tag: MVRV

Ethereum plunged to $1,300 amid market volatility triggered by external events

By ItalianCannon Ethereum plunged to $1,300 amid market volatility triggered by external events, breaking its prolonged consolidation phase. The MVRV Z-Score, a key valuation metric, has dipped to 1.21, signaling weakening momentum and potential downside risk. Historical data shows MVRV levels above 3.00 indicate overbought conditions, while values below 1.03 may lead to further declines. […]

Analysts are watching for signs of overheating, with Bitcoin’s Price Temperature (BPT) at 2.67—just below historical peak levels

By Ethan Bitcoin has climbed nearly 18% in the past month, moving from $83,000 to $111,000. Analysts are watching for signs of overheating, with Bitcoin’s Price Temperature (BPT) at 2.67—just below historical peak levels. Other key metrics, including MVRV and NUPL, suggest the market remains healthy and not yet in a danger zone. The Pi […]