Why Bitcoin’s Price Surge Isn’t "Enough" to Trigger Profit-Taking
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币界网报道：Bitcoin's current price near $42,000 isn't enticing enough for long-term holders to take profits, according to CryptoQuant. The firm notes that Bitcoin's Market Value to Realized Value (MVRV) ratio remains below levels typically seen during major profit-taking phases. Historically, significant selling occurs when MVRV exceeds 1.5, but it currently stands at 1.3. This suggests most holders remain confident in Bitcoin's long-term value despite recent price fluctuations. The analysis indicates the market may need to see prices above $48,000 before triggering large-scale profit-taking behavior among investors.
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