Analyst: The MVRV indicator points to a potential cycle peak
ChainCatcher message, CryptoQuant analyst Yonsei_dent stated, "The MVRV indicator points to a potential cycle peak. The 365-day moving average (DMA) of MVRV formed a double-top camel shape before the bear market began in 2021. After that, another peak appeared six months later. The second peak actually marked the turning point."
Risk warning Risk warning
Related tags
Related tags
