The history of Bitcoin's MVRV ratio chain shows that the very low area is in the area below 1. If this area is touched there will be a very high bounce and this area is also often referred to as a very good area for accumulation areas.
history such as years:
2011, Ratio 0.413
2015, Ratio 0.633
2018, Ratio 0.691
2022, Ratio 0.8