Today's ETH MVRV Z Score is 1.81.

Compared to the period of past small altseasons, it's lower.

Well, sicne the current $ETH(Ethereum) price is similar to Nov 21, and the current MVRV Z score is 2.0, Ethereum has developed well in terms of the network. So, I think this figure doesn't indicate the bubble.

From a conservative perspective, I'll sell cryptos in tranches from 3.0.

In the past, it recorded more than 5.0 at once. But, the trend is descending. Therefore, I'm skeptical whether it can rise to 4.3 which is the level in May 21 🤔

If the next Altseason 3.0 occurs this year, I guess the cycle will end around 4.0 🧐