Express
CryptoQuant: Short-term holders MVRV shows BTC still has room for growth
Summary: According to CryptoQuant analysts, the MVRV ratio of short-term holders (STH) is currently only 1.15, well below the usual 1.35 threshold that triggers large-scale profit-taking. On July 11, STH achieved a price breakthrough above $100,000, currently exceeding $102,000. Analysis indicates that before reaching the key MVRV threshold, Bitcoin still has about 20%-25% upside potential, providing ...
According to CryptoQuant analysts, the MVRV ratio of short-term holders (STH) is currently only 1.15, well below the usual 1.35 threshold that triggers large-scale profit-taking. On July 11, STH achieved a price breakthrough above $100,000, currently exceeding $102,000. Analysis indicates that before reaching the key MVRV threshold, Bitcoin still has about 20%-25% upside potential, providing investors with a bullish window. The MVRV indicator measures unrealized profit levels by comparing market value with realized price.
Tags:
Link: CryptoQuant: Short-term holders MVRV shows BTC still has room for growth [Copy]
