MVRV and CQ Bull & Bear Metrics Indicate Market Poised for Key Developments

Both of these pivotal on-chain indicators are currently hovering just below their respective 365-day moving averages, signaling a period of market anticipation.

MVRV Ratio: 1.90

SMA365 (MVRV): 2.03

CQ Bull & Bear (SMA365): 0.46

Bull (SMA30): -0.04

✅ Insight:

Since July 2024, the MVRV ratio has been oscillating around its 365-day moving average, with the CQ Bull & Bear indicator following a similar pattern since August 2024. Neither metric has seen a decisive breakout, indicating a market in a holding pattern. As the impact of macroeconomic and geopolitical events wanes, the market is likely to regain direction.

Notably, once the rate-cut cycle gathers momentum and the Federal Reserve initiates quantitative easing, we may witness strong bullish moves.

Written by burakkesmeci