- Bitcoin MVRV difference between long-term and short-term holders confirms a Pre-Euphoria stage, historically preceding the most aggressive bull rallies.
- The metric’s uptrend shows market strength, with no signs of extreme overheating, suggesting Bitcoin remains well-positioned for further upward momentum.
- Historical cycles reveal Pre-Euphoria stages consistently transitioned into Euphoria phases, unleashing rapid parabolic rallies that defined each market cycle peak.
Bitcoin MVRV crosses signal ‘Pre-Euphoria’, marking a stage that has historically preceded the most aggressive rallies of each major cycle. Analysts suggest this setup could define the final bullish wave of the ongoing market trend.
Historical Patterns Support the Pre-Euphoria Phase
A proprietary metric tracking the 30-day difference between Long-Term Holder and Short-Term Holder MVRV ratios offers crucial insight. This tool has consistently identified market phases where investor positioning shifts before peak rallies take place.
In 2013, 2017, and 2021, the indicator was right in identifying a long Pre-Euphoria phase ahead of fast market growth. The metric separated periods of steady accumulation from the explosive ‘Euphoria’ rallies that marked cycle peaks.
The current structure mirrors past behavior, as Bitcoin has remained in a sustained ‘Pre-Euphoria’ phase since the 2022 market bottom. This extended stage has historically built the foundation for the strongest upward moves.
Present Market Structure Suggests Strong Foundation
Analysis shows that the difference between Long-Term and Short-Term Holder MVRV ratios is in a steady upward trend. While progressing, it has not yet reached the extremes that marked past cyclical tops, suggesting the market remains positioned for growth.
This ongoing ‘Pre-Euphoria’ environment signals that conditions remain constructive, with the metric reinforcing a healthy backdrop for further advances. The absence of overheated readings adds weight to the case that additional price appreciation remains ahead.
Commentators on social media platforms have pointed to these signals as aligning closely with previous transitions into peak rally stages. Their observations further echo the view that the structure is progressing in line with historical precedent.
Forecast Points Toward Transition Into Euphoria
The data now suggests that Bitcoin may be approaching a critical inflection point, where the ‘Pre-Euphoria’ stage transitions into ‘Euphoria.’ In every past cycle, this move triggered the final and strongest parabolic rally.
Once this transition occurs, the market has historically seen the fastest and steepest phase of upward acceleration. This stage represented the last major opportunity for outsized gains before cycle completion.
Market watchers emphasize the importance of monitoring this shift, as the repeating pattern indicates the final bullish wave may soon begin. The structure points toward an imminent advance consistent with the strongest phases of previous cycles.
