Below fair value, coins moving to exchanges
Entered 2026-02-05 · exited 2026-03-01
Drivers, at the time
- MVRV1.1498 · 19th pct
- Net exchange flow (30d)47,436.4151
- Exchange reserve Δ (90d)17,857.4163
- Realized volatility (30d)0.624 · 56th 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 | +6.0% |
| 90d | +28.1% |
| 180d | +1.1% |
Description of the past, not a forecast.