📊 30-Day MVRV: Market shifts toward neutral levels after rally

Fresh data on the 30-day MVRV of major crypto assets show a significant change in valuation after the recent price surge — the market has partially exited the undervalued zone.

📉 Moderately undervalued:
• ETH–5.5%

⚖️ Neutral zone:
• BTC–1.4%
• XRP–0.1%
• LINK+3.3%

📈 Moderately overvalued:
• ADA+6.8%

➡️ Interpretation:
The shift of MVRV toward neutral levels indicates a recovery of some unrealized gains and a decrease in capitulation pressure, but the market has not yet entered a stable overbought phase.

➡️ Context:
MVRV reflects the ratio of market price to realized value of assets, allowing assessment of whether holders are in profit or loss and which zones have historically coincided with accumulation or overheating phases.

Opinion:
The current MVRV structure suggests the market is transitioning from a deep undervaluation zone to a more balanced state. This is typical of early recovery phases when selling pressure weakens, but a full bullish overheating has not yet formed.

#DeepDiveCreatorCamp