Summary
- On-chain metrics like MVRV indicate it’s time for sidelined traders to buy Bitcoin before a relief rally.
- Santiment analysts detect signs of capitulation in crypto markets, hinting at a price recovery in Bitcoin and altcoins.
- Dominant narratives of DePin and airdrops are driving the cycle, with altcoins like Solana, Toncoin, and Cardano starting to rebound.
- Three signs – MVRV metrics, daily active addresses, and low supply of Bitcoin on exchanges – suggest a crypto recovery rally is imminent.