Analysts say Bitcoin short-term holders' losses intensify, MVRV indicator shows bear market pressure

Cryptoquant analyst Darkfost stated that the current price of Bitcoin is fluctuating within the range of $65000 to $7000, which is lower than the average short-term holding cost of $85900. Over the past six months, almost all investors have been in a loss making state. The MVRV index is currently around 0.77, lower than the neutral reasonable level, and fell to 0.7 at the end of February, with an average short-term loss of about 30% for holders. The long-term low negative range usually represents severe pressure on the short-term holding group, which may exacerbate market volatility, but historical patterns show that this stage is suitable for phased layout of long-term positions.