@gilesgus
The MVRV ratio, which compares Bitcoin's market cap to realized cap, currently stands at approximately 2.26 (as of mid-2025 data). This places the market in the overvalued zone. Valuation intervals: <1: Undervalued (buy signal)
1-2: Fair value
2-3.5: Moderately overvalued
3.7: Severely overvalued (sell signal)
At 2.26, BTC is moderately overvalued, suggesting caution amid bull market gains.