MVRV 1.0 and 0.8 positions are indeed worth paying attention to; if there's really an opportunity around 54,000 and 43,000, position management should be planned in advance.

View Original
CoinNetwork
CoinWorld News reports that analysts say Bitcoin offers the best risk-reward when the MVRV valuation band drops to 1.0 and 0.8 levels, currently corresponding to prices of $53.9k and $43.1k. If BTC retraces to this range, it could be a good entry point.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned