Greed

Frank

Bitcoin

would

Momentum

<p>Bitcoin is trading back above $87,000, but what’s happening under the surface is drawing even more attention. New on-chain data shows that BTC has slipped into a zone it almost never touches outside of major market resets, the short-term holder MVRV deep-value band.</p>
<p>This metric, which tracks the unrealized profit/loss of recent buyers, rarely dips into capitulation territory. When it does, two conditions typically appear: sentiment becomes exhausted, and sellers begin running out of ammunition. That’s exactly what the chart now indicates, a level historically associated with early-stage accumulation, not late-cycle weakness.</p>
<h3 id="what-the-mvrv-chart-is-signaling-now">What the MVRV Chart Is Signaling Now</h3>
<p>The chart shared by Frank A. Fetter shows Bitcoin dropping out of its long-respected price bands, falling briefly to the negative side of the short-term holder MVRV range. Past instances show similar dynamics:</p>
<ul>
 <li>In mid-2024, BTC dipped into deep value around $49k, then rallied strongly.</li>
 <li>In early 2025, another touch near $74k preceded a sharp upward continuation.</li>
 <li>Now, the marker around $82k–$89k is flashing the same overshoot pattern.</li>
</ul>
<blockquote class="twitter-tweet">
 <p>BITCOIN IS NOW IN THE DEEP VALUE ZONE<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> just dipped below the short-term holder MVRV bands – something it almost never does outside of major reset periods. When this metric rolls into “deep value,” it usually means two things: sentiment is washed out, and sellers are running… <a href="https://t.co/m6fAUcDZ9C" rel="noopener noreferrer nofollow">pic.twitter.com/m6fAUcDZ9C</a></p>
 <p>— CryptosRus (@CryptosR_Us) <a href="https://twitter.com/CryptosR_Us/status/1992738689688928617?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 23, 2025</a></p>
</blockquote>
<p></p>
<p>This doesn’t promise an immediate reversal, but these zones have aged well historically, they tend to mark periods where long-term buyers quietly load up rather than exit the market.</p>
<h3 id="meanwhile-price-action-shows-stabilization">Meanwhile, Price Action Shows Stabilization</h3>
<p>Across the short-term chart, Bitcoin’s price has clawed back losses, rising from a week-long downtrend and holding above $87,000. The TradingView chart reflects a gradual recovery structure: deep volatility, repeated retests near $85k, and finally a breakout into higher consolidation during the latest session.</p>
<p>Momentum is still fragile, and intraday swings remain wide, but the structure is shifting from panic-driven selling toward more balanced two-way trading.</p>
<p><img src="https://www.ethnews.com/wp-content/uploads/2025/11/Screenshot-2025-11-24-at-8.36.43-1.png" alt="" width="2442" height="1496"></p>
<h3 id="market-conditions-suggest-the-sell-off-is-exhausting">Market Conditions Suggest the Sell-Off Is Exhausting</h3>
<p>Across key indicators, conditions are still tense:</p>
<ul>
 <li>RSI sits at 22.65 – heavily oversold, a level rarely sustained in strong markets.</li>
 <li>Fear &amp; Greed Index at 13 shows extreme fear, matching the on-chain signal that sentiment is washed out.</li>
 <li>BTC still trades well below both the 50-day ($107,482) and 200-day ($105,108) SMAs, which means upside recovery would require momentum at scale.</li>
</ul>
<p>Volatility at 8.62% remains high, consistent with an environment where liquidity is thin and reactions are amplified.</p>
<h3 id="the-bigger-picture">The Bigger Picture</h3>
<p>Pullbacks that push Bitcoin into deep-value MVRV territory have historically become springboards for longer-term rallies. This doesn’t guarantee a bottom, but the combination of oversold RSI, extreme fear, and on-chain capitulation typically marks the part of the cycle where smart money enters, not exits.</p>
<p>For now, Bitcoin reclaiming $87,000 is an early sign that buyers are stepping back in. Whether this forms the next major base depends on how BTC behaves around the $85k–$88k support pocket, but the underlying metrics suggest the market may be closer to exhaustion than escalation.</p>
<p>If the pattern of past cycles repeats, this period of fear may age far better than it feels in real time.</p>
<p>The post <a href="https://www.ethnews.com/bitcoin-surges-over-87000-while-deep-value-indicators-trigger-accumulation-alert/" rel="noopener noreferrer nofollow">Bitcoin Surges Over $87,000 While Deep-Value Indicators Trigger Accumulation Alert</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Bitcoin Surges Over $87,000 While Deep-Value Indicators Trigger Accumulation Alert

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