[Analyst: Short-term holders' MVRV rebounds to 0.95, potentially signaling Bitcoin's rise to $115,000–$120,000] Golden Finance reports that Cryptoquant analyst Axel Adler Jr has released a market analysis stating that on November 7, the MVRV indicator for short-term holders (STH) reached a local low of 0.9124, nearing the lower boundary of its statistical range. As of today, data shows signs of stabilization, with the indicator rebounding from 0.9124 to 0.9514. If the indicator can consistently remain above 0.92, it may begin to rise toward the upper boundary of the range, corresponding to a Bitcoin price range of approximately $115,000–$120,000.