Stretched valuation, coins moving to exchanges
Entered 2024-05-15 · exited 2024-06-11
Drivers, at the time
- MVRV2.2757 · 76th pct
- Net exchange flow (30d)32,819.9695
- Exchange reserve Δ (90d)17,119.6122
- Realized volatility (30d)0.5548 · 41st pct
What the panel said at the time
Pre-snapshot: computed. This period entered before the daily Read snapshot began (2026-09-21) - the drivers above are the classifier's own recorded values for that day, computed after the fact from this same regime_transitions row, not a stored point-in-time Read.
What followed
| Horizon | BTC price change |
|---|---|
| 30d | -0.5% |
| 90d | -8.7% |
| 180d | +34.1% |
Description of the past, not a forecast.