#mvrv

3 articles

bitcoin on-chain

Bitcoin: Cheap but Uncatalysed as ETF Demand Engine Stalls

Bitcoin's on-chain valuation sits in deep-value territory with strong holder conviction, but net ETF outflows and rising exchange reserves leave cheapness without a catalyst.

Jul 6, 2026

on-chain mvrv

The Cycle That Never Got Euphoric: Bitcoin's Deep-Value Reset

Bitcoin's on-chain valuation has reset to cycle-bottom territory without ever printing euphoria — framing this drawdown as a structural accumulation case with medium conviction.

Jul 6, 2026

on-chain analysis

Reading the MVRV Ratio: A Practical Guide

The Market Value to Realized Value ratio is one of the most reliable Bitcoin cycle indicators. Here's how to interpret it and use it in your analysis.

Jul 10, 2025