CryptoQuant: MVRV death cross signal appears, Bitcoin downside risk intensifies.

1-01-01 00:00:00

PANews March 31 news, according to CryptoQuant analyst Yonsei dent, the Bitcoin MVRV (Market Value to Realized Value Ratio) indicator showed a “death cross” signal as the 30-day moving average crossed below the 365-day moving average in early March, indicating a weakening of short-term momentum and increased downward pressure. Historical data shows that this signal is usually accompanied by a price pullback. With the current MVRV close to the long-term historical average, the market has moved out of the overheated range, but there has not yet been a clear bottom signal, and investors need to be wary of further fall risks.

BTC-9.85%

DENT-12.89%

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