Darkfost: The cost price for short-term holders of Bitcoin has risen to $76,000, and the MVRV indicator is approaching the breakeven line

Darkfost pointed out that as the mid-term momentum of Bitcoin turns positive, the area close to an MVRV of 1 may become an important decision zone for short-term holders. Investors may choose to continue increasing their holdings or may capitulate and sell due to a price decline.