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MVRV and CQ Bull & Bear Metrics Indicate Market Poised for Key Developments

MVRV and CQ Bull & Bear Metrics Indicate Market Poised for Key Developments Both of these pivotal on-chain indicators are currently hovering just below their respective 365-day moving averages, signaling a period of market anticipation. MVRV Ratio: 1.90 SMA365 (MVRV): 2.03 CQ Bull & Bear (SMA365): 0.46 Bull (SMA30): -0.04 ✅ Insight: Since July 2024, the MVRV ratio has been oscillating around its 365-day moving average, with the CQ Bull & Bear indicator following a similar pattern since August 2024. Neither metric has seen a decisive breakout, indicating a market in a holding pattern. As the impact of macroeconomic and geopolitical events wanes, the market is likely to regain direction. Notably, once the rate-cut cycle gathers momentum and the Federal Reserve initiates quantitative easing, we may witness strong bullish moves.