Bitcoin Short-Term Holder RVT Nears Cycle Lows Amid Market Detox

Recent on-chain data indicates that the Bitcoin short-term holder Realized Value RVT metric has significantly dropped. This measure evaluates the ratio between realized profits/losses and the total transfer volume on the Bitcoin network.

Key Points:

The Bitcoin STH Realized Value RVT has fallen near cyclical lows, suggesting coins are moving at or near break-even points.
Historically, such metrics align with market detox periods, potentially laying the groundwork for more sustainable recoveries.
Similar low levels were recorded in mid-2024 and early-2025, while in 2023, the indicator fell even lower before recovery.
A reversal in Bitcoin's market cap dominance is noted, currently rebounding from 57% to 59%, signifying a healthier market structure.

Market Outlook:

It's uncertain if the current STH Realized Value RVT levels indicate the bottom or if further declines are necessary for recovery.
Bitcoin's dominance rebound suggests BTC-led rallies tend to be more sustainable than altcoin-driven ones.

Current BTC Price:

Bitcoin is trading around $117,000, marking a 3% increase over the last week.