According to Crypto界网, a message from the crypto research organization Santiment stated: Based on MVRV data, Bitcoin's long-term return rate has fallen back to the levels seen at the end of 2022. History shows that when the 365-day MVRV indicator drops significantly below zero (as after the FTX collapse), BTC often experiences a substantial rebound within the following three months (the last being a 67% increase). Although the current macroeconomic environment is very different from three years ago, this indicator continues to signal price trends, and the rare divergence signals not seen in three years are worth close attention.