Papi
MPI Waking Up - Signs of Bullish Strength?
If you look at historical trends, the Miner Position Index (MPI) shows that miners are generally very good at timing their selling, usually into periods of strength in the market. They retreat when its not cost effective or market shows signs of weakness. You can use this as supporting information when analyzing bull or bear markets. It may be premature, but you can observe an increase on MPI to the highest levels since March of 2021 when the -proper- bull market was at it's apex.