MVRV Rate (STH_MVRV):

The MVRV ratio, a fundamental indicator in Bitcoin analysis, shows that Bitcoin price remains above the average cost of short-term holders. This is important to maintain a positive outlook and attract new capital into the market.

Holder's profit:

Short-term holders (LTH & STH):

This index categorizes returns based on those holding less than six months and those holding less than one month. Those who held for less than six months had an average return of 5%, while those who held for less than a month had an average return of 7.5%.

Bitcoin Spent or Transferred (SOPR%):

This index shows that most Bitcoin spent or transferred is at a profit, suggesting a general market recovery.

Meaning:

Price Stability: Historical Bitcoin price cycles emphasize the importance of price stability and positive market sentiment above average short-term investor costs.

Current market conditions:

The key question is whether prices can sustain this recovery phase. The best course of action is to hold on to Bitcoin and avoid hasty decisions, as predicting price behavior in current conditions depends on price stability above the mentioned averages.