Glassnode details how Proximity-Weighted Cost Basis converts Cost Basis Distributions into quantifiable support and resistance signals while extending MVRV and NUPL metrics to current price action.

Bitcoin long-term holders stayed profitable with LTH-MVRV above 1 at $85165, defying prior bear markets since 2015.

Bitcoin MVRV ratio crosses above 365-day average at $86030.85, repeating 2019 and 2023 bull market starts with bullish 4h technical confluence.

CryptoQuant: North Korean IP on macOS searched Bitcoin MVRV, signaling Supreme Leader trading desk on-chain research amid BTC at $64012.

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin (BTC) is significantly undervalued compared to its fair price. He highlights this as a potential lifetime buying opportunity, noting that key indicators like the Market Value to Realized Value (MVRV) against Gold have hit historic lows. This suggests BTC may have strong upside potential for long-term investors.

According to @santimentfeed, Cardano (ADA) wallets have experienced a -43% average return over the past year, with a steep -71% price decline since September. This extreme negative MVRV (Market Value to Realized Value) suggests ADA is in a potential 'buy' zone, as historically such conditions signal a turnaround. Additionally, Cardano's funding rate on Binance shows the largest short ratio since June 2023, often a precursor to price reversals as extreme short positions are liquidated.

According to Santiment, Bitcoin (BTC) nearly touched $76K as trading opened on Tuesday. They emphasize the importance of analyzing the Mean Value to Realized Value (MVRV) ratio to gauge trader performance in crypto's zero-sum market. Currently, BTC's 30-day MVRV is at +7.1%, signaling potential short-term stagnation or mild correction. However, the 365-day MVRV stands at +22.1%, indicating a favorable long-term buying opportunity for investors holding for months or years.

According to Santiment, traders can utilize the MVRV (Market Value to Realized Value) metric to identify optimal points for buying Bitcoin (BTC) at low prices and selling at highs. The MVRV analysis, which covers Bitcoin and various other assets, provides valuable insights into long-term and short-term market behavior, aiding traders in making data-driven decisions.

According to Santiment, Bitcoin's long-term returns, as indicated by MVRV data, are currently comparable to levels observed in late 2022. Historical trends reveal that when the 365-day MVRV was severely negative, such as after the FTX collapse, BTC experienced significant gains, rising 67% in three months. This highlights the potential of MVRV as a predictive tool, even amid changing macroeconomic conditions and market dynamics.

According to Michaël van de Poppe, Bitcoin's MVRV metric suggests the cryptocurrency is entering undervalued zones comparable to prior bear market lows, such as H2 2022, the COVID crash in 2020, and Q4 2018. The MVRV score, which measures the ratio between market price and realized price, indicates that despite recent price declines, there may not be a significant market correction due to a lack of retail-driven FOMO in the last cycle. This trend could signal increased chances of a market bottom, presenting opportunities for investors to consider long-term positioning.

According to Santiment, the 30-day MVRV metric reveals that Ethereum (ETH) is undervalued at -14.3%, while Bitcoin (BTC), Chainlink (LINK), XRP, and Cardano (ADA) are slightly undervalued. The MVRV metric helps traders identify overvalued and undervalued assets based on average trader returns. Historically, buying during periods of significant on-chain pain, as seen now, has proven profitable for long-term strategies.

According to @santimentfeed, 30-day MVRV acts as a trading risk gauge: negative readings indicate the average holder is underwater and entries are lower risk, while positive readings imply higher entry risk as holders sit on profits (source: @santimentfeed). According to @santimentfeed, current snapshots show Chainlink (LINK) at -9.5% (undervalued), Cardano (ADA) at -7.9% (undervalued), Ethereum (ETH) at -7.6% (undervalued), XRP at -5.7% (undervalued), and Bitcoin (BTC) at -3.7% (mildly undervalued), highlighting potential buy-the-dip setups per MVRV (source: @santimentfeed). According to @santimentfeed, traders can monitor the live MVRV chart to time buy-low or sell-high decisions (source: @santimentfeed).

According to @simplykashif, Bitcoin (BTC) is leaving undervalued zones based on CryptoQuant’s on-chain models, a phase that historically aligns with long-term holder accumulation and stronger spot demand per CryptoQuant. For traders, CryptoQuant indicates such transitions often precede trend-continuation phases, with realized price and MVRV-derived fair value bands acting as key support and resistance guides per CryptoQuant. Confirmation to monitor includes a sustained SOPR above 1 and positive spot premium, while invalidation would be a reversion of these indicators back into undervaluation bands, all per CryptoQuant.

According to @Andre_Dragosch, Bitcoin (BTC) is already approaching a deep value zone, suggesting traders should tune out short-term volatility noise and refocus on valuation-driven setups. Source: @Andre_Dragosch on X, Nov 22, 2025. Deep value in BTC is commonly identified when MVRV falls below 1.0, indicating spot trades under the average on-chain cost basis, a condition historically linked to accumulation windows. Source: Coin Metrics MVRV definition and research. The Puell Multiple is used to track miner revenue stress at market lows, with sub-0.5 readings frequently coinciding with prior bottoming phases. Source: David Puell and Glassnode research on Puell Multiple. The Mayer Multiple compares price to the 200-day moving average and signals undervaluation when meaningfully below long-run norms (often cited <0.8–0.9 during major cycle lows). Source: Trace Mayer’s Mayer Multiple methodology. Price interaction with realized price is also monitored as a cycle-floor proxy that has historically marked value-buying zones during bear market exhaustion. Source: Coin Metrics realized price research. Actionably, traders can deploy dollar-cost averaging, stagger bids near on-chain value references, and wait for multi-indicator alignment before increasing risk while headlines remain noisy. Source: CFA Institute guidance on dollar-cost averaging and risk management.