Analyst: MVRV indicator points to potential cycle peak

ChainCatcher news, CryptoQuant analyst Yonseident stated, "The MVRV indicator points to a potential cycle peak. In 2021, the MVRV 365-day moving average (DMA) formed a double top camel shape before the Bear Market began. Subsequently, another peak appeared six months later. The second peak actually marked a turning point."

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