The main dishes to remember:
-
88% of the Bitcoin offer is in benefit of less than $ 95,000, indicating a reset of investors’ expectations.
-
The current price range from $ 75,000 to $ 95,000 can represent a structural background, aligning on the market conditions of 3,2024.
-
The market value ratio / value achieved (MVRV) at 1.74 acts as a historic support zone, signaling the cooling of unrealized gains and the future growth potential.
Bitcoin (BTC) Market dynamics move because Glassnod data revealed This 88% of the offer is currently in profit, losses are concentrated among buyers of the range from $ 95,000 to $ 100,000. This high profitability, bouncing from a long -term average of 75%, indicates a reset of investor expectations.
The Bitcoin price has organized a resumption of its long -term accumulated medium percentage, marking a notable change. Previously, in August 2024, Bitcoin retested the average of 75% to around $ 60,000. This suggests that the price range from $ 75,000 to $ 95,000 could represent the bottom, aligning on the structural market conditions observed in the third quarter of 2024.
Confirming the reduction in sales of holders through exchanges, the total exchange flow (entry + output) / network activity report provides additional information. Bitcoin researcher Axel Adler Jr. explain that the graph shows a 1.5x decrease in the ratio after the top of all Bitcoin times, directly confirming that current growth is more organic.
The analyst explained that, unlike the previous price peaks, where a high report (marked by orange bars) reported a large sale, the current levels do not show such an emergency, strengthening a more stable market environment.
A high profitability and a reduction in exchange entries indicate a drop in the sales pressure of holders, allowing an improved state of mind between $ 75,000 and $ 95,000. This suggests that investors considered the BTC as an undervalued and not as an exit opportunity, which aligned with the broader optimistic feeling.
Related: Look at these Bitcoin price levels while BTC respects the “decision point”
The BTC data indicates the cooling of the gains not carried out in less than $ 95,000
Glass knot note that the market value / value ratio achieved (MVRV), a key indicator of the feeling of the market, returned to its long -term average of 1.74. Historically, this level is a support zone (since January 2024) during the consolidation phases, signaling a cooling of unrealized gains and a potential basis for future growth.
Likewise, the Network value ratio / transactions (NVT) is neutral at 0.5 with a bitcoin at a price of $ 94,400, unlike its successful signal when BTC was previously at this level in February 2025.
This change in market dynamics and the evolution of the behavior of holders indicates that the current cohort of profitable investors can be less inclined to sell at these levels. This could still strengthen the optimistic case of the current market structure.
Related: BTC Dominance due “to collapse” at 71%: 5 things to know in Bitcoin this week
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.