35+ charts — live prices, on-chain metrics, cycle models, and macro data. All displayed inline.
Market Value to Realized Value Z-Score. Values above 7 = cycle top; below 0 = cycle bottom.
Current Value
2.40
Signal
Neutral — Mid Cycle
9-Month Trend
Key Thresholds
How to Interpret
The MVRV Z-Score compares Bitcoin's Market Value to its Realized Value. Values above 7 historically signal cycle tops (extreme overvaluation). Values below 0 signal cycle bottoms (extreme undervaluation). Current reading of 2.4 indicates mid-cycle — not overheated, not a bottom.
All On-Chain Signals at a Glance
MVRV Z-Score
2.40
Neutral
SOPR (7d MA)
1.04
Bullish
NVT Signal
85.00
Moderate
Puell Multiple
1.20
Neutral
RHODL Ratio
4K
Bullish
Reserve Risk
0.0024
Low Risk
BTC Exchange Balance
2.31
Bullish
Active Addresses (Daily)
850K
Strong Network Activity
Realized Cap
850.00
Growing