I've noticed that many traders lately are more actively using the MVRV Z-Score to identify entry points. This is indeed a useful tool, especially if you're working with long-term positions.

The essence is simple: when the yellow line of the indicator is in the red zone, the market is bearish and it's better to wait. The green zone signals a bullish movement, a time to buy and hold the position. The chart shows the current price and helps understand where the market is heading.

At the moment, it's interesting to observe BTC's behavior. I recently mentioned that the market might test the level around 32K, but don't rush to panic. This won't happen in a couple of seconds. Active trading is ongoing now, and positions are being opened both long and short.

What's important: the Z-Score MVRV has already shown several times that we are in a good entry point. The chart predicts a potential bullish movement, and it looks promising. Looking at the current levels, an excellent buying price is forming now. It's worth paying closer attention to this indicator — it rarely makes mistakes on such timeframes.