This chart presents pricing bands derived from the MVRV Ratio based on the degree of deviation from the all-time mean. Upper and lower bands are computed from levels representing +/- 0.5 to 1.0 standard deviations.

The following market cycle phases are presented:

• 🔵 -1.0σ
• 🟢 -0.5σ
• 🟡 Mean
• 🟠 +0.5σ
• 🔴 1.0σ

Further References

For full details on the derivation of these models, please refer to our report Mastering MVRV.