#MVRV Z-Score Re-accumulation Zone, No Capitulation Yet 👀
📝 The MVRV Z-Score currently sits at 0.68, positioning
$BTC firmly within a healthy re-accumulation phase, well below the 'Caution' (3.00) threshold seen at previous cycle highs.
📍 Critically, the current reading is significantly above the Mean (0.00) and the 'Undervalued" (-0.50) levels. We have not observed the deep capitulation below the zero mark that characterized prior bear markets, such as the downturn in 2022.
💡 This suggests a structural difference in the current cycle, where underlying demand and institutional tailwinds ar