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Analyst: The MVRV indicator points to a potential cycle peak

2025-07-28 16:00:55
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ChainCatcher message, CryptoQuant analyst Yonsei_dent stated, "The MVRV indicator points to a potential cycle peak. The 365-day moving average (DMA) of MVRV formed a double-top camel shape before the bear market began in 2021. After that, another peak appeared six months later. The second peak actually marked the turning point."

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MVRV indicator potential cycle peak
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