2026-01-10 15:22:17

Bitcoin's STH MVRV Z-Score has just touched levels we haven't seen since the 2021 China Mining Ban era. Back then, this extreme pain signal marked the final capitulation before the surge toward $69k. The data is sending the same message right now: we're approaching the end of the flush, and the setup looks remarkably similar. When an asset hits these kinds of valuation extremes, the subsequent recovery window typically opens up. Keep your eyes on the on-chain metrics—they often tell you what price hasn't figured out yet.

BTC0,13%

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BearMarketSunriser

· 01-10 15:49

On-chain data is all screaming, is this really different?

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APY追逐者

· 01-10 15:45

Wait, is this really history repeating itself this time? Why do I feel like every time there's an extreme signal, someone says the same...

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RegenRestorer

· 01-10 15:35

ngl, these indicators are exactly the same as back in 2021. I really feel the bottom is not far away.

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MEV_Whisperer

· 01-10 15:30

Wow, is history really repeating itself? Then I need to keep a close eye on on-chain data.

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gas_fee_therapist

· 01-10 15:26

ngl, these numbers do look pretty impressive... The last time it was like this was back in 2021 when the domestic mining ban happened, and then it shot straight up to 69k. On-chain metrics never lie and are much smarter than price.

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GateUser-5854de8b

· 01-10 15:23

On-chain data doesn't lie; history tends to repeat itself, but how much it can rise this time is hard to say.

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