According to ChainCatcher, CryptoQuant analysts recently conducted an in-depth analysis of the MVRV 100-day moving average indicator, and the results showed that Bitcoin has not yet reached the highest price of this cycle. 📈

The MVRV 100-day moving average is an optimized indicator used to detect the top and bottom of the market. In the past two cycles, the indicator reached 3 at the top of the market, and is currently only 2.14. 🔍

This means that Bitcoin may be preparing for the top price of this cycle, and this high point is expected to appear in the next few months. ⏳

Investors can pay close attention to this indicator to better grasp market trends. 📊