📈 On-Chain Data Insights: BTC Recovery & Bull Market Confirmation:
1️⃣ Short-Term (1d-6m):
Historical bear market: Price below 1D-6M Avg. Realized Price (resistance).Short-Term MVRV: Bull-Bear boundary, positive near it.
2️⃣ Medium-Term (6m-2y):
Confirming bull market: $BTC needs accumulation to break Medium-Term Avg. Realized Price (resistance).Medium-Term MVRV: Bearish-Bullish indicator.
📊 Current Data:
STH Avg Price: $28K
#MVRV : 1.04 Med-term Avg Price: $30.3K
MVRV: 0.96
🔍 Market Analysis: Similar to 2015-2016 recovery. #BTC needs accumulation for bull market confirmation, watch short-term data.