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Many people believe that Bitcoin breaking the $100,000 barrier is already overvalued, but in fact, on-chain data analysis indicates that the current price may still be undervalued.



Recently, the MVRV Z index has only reached +1 level. Looking at historical data, this usually indicates that the bull market has just started to kick off. On-chain indicators show that the market has completed a deep adjustment of the bear market cycle, and a large amount of institutional funds are quietly entering to accumulate positions.

From the perspective of momentum indicators, the market's upward momentum has just begun, and the real climax phase has yet to arrive. Market prices are merely external manifestations, while the true value is what we should focus on.

When ordinary investors are still hesitating, on-chain data has already released a clear signal: this round of the bull market has just begun. In the face of such market opportunities, will you seize this train that has not yet departed?
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CodeAuditQueenvip
· 06-23 03:05
Still scanning for contract vulnerabilities. The data cannot be deceived.
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screenshot_gainsvip
· 06-23 01:23
Just buy and that's it.
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ForkPrincevip
· 06-20 03:54
It's better to enter a position last than to wait on the platform.
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ContractExplorervip
· 06-20 03:44
Only a hundred thousand dollars is too little.
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BearMarketMonkvip
· 06-20 03:33
Just lie down and hoard coins and wait for the result~
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GetRichLeekvip
· 06-20 03:26
Sigh, it took another cycle of aging to enter the market, just look at the chip distribution to understand.
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