Hello everyone! Today’s 100-day cryptocurrency challenge, we are going to talk about the MVRV indicator, which is a popular indicator used to evaluate the value of crypto assets, especially in the Bitcoin market. The MVRV indicator can help us understand whether the market is overvalued or undervalued, thereby assisting investment decisions. So, what is MVRV? How to calculate and apply? Let’s dive deeper today!

Market Thermometer 🌡️
Think of the MVRV indicator as a market "thermometer" that helps us sense whether the market is too hot or too cold. When the temperature is too high, the market may be overheated and needs to cool down; when the temperature is too low, it may be a good time to enter the market.