Bitcoin Rebounds to $107K, But MVRV Momentum Signals Caution
Bitcoin has swiftly recovered from recent geopolitical tensions, reclaiming the $107,000 level. However, according to a new report by CryptoQuant, on-chain metrics are flashing signs of slowing momentum, particularly through the lens of the MVRV Ratio.
The Market Value to Realized Value (MVRV) Ratio — which compares BTC’s current market cap to its realized value — has long served as a tool to assess potential market tops. CryptoQuant notes that the 365-day moving average (365DMA) slope of the MVRV Ratio is now flattening, a development that has historically preceded major cycle peaks.
While this trend doesn’t suggest an immediate reversal or downtrend, it does indicate that Bitcoin may be entering the late stage of the current bull cycle. This phase, according to CryptoQuant, often leads to heightened volatility and requires greater attention to capital preservation and risk management.
“Bull markets typically end with a ‘final blaze’ — an explosive surge before the peak,” the report stated. “While short-term opportunities remain, the long-term signals from on-chain data should not be ignored.”
The warning comes as Bitcoin continues to show resilience in price action but begins to display potential macro exhaustion signals. CryptoQuant suggests investors stay cautious, even as tactical upside remains, pointing to on-chain metrics as key tools for navigating the months ahead.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
