Identifying Early Bitcoin Reversals with On-Chain Metrics

So, I’ve been digging into on-chain metrics and they really show what actual holders are doing. MVRV can tell if the market is heating up or cooling down, while NUPL reveals the overall profit or loss level. SOPR is super handy for spotting when everyone’s cashing out or panicking. It’s best to combine these with other signals for better accuracy... just gotta filter out the noise, ya know? On-chain analysis looks at blockchain data like coin movements and wallet balances. It’s different from the usual price charts and volume stuff. I think it’s essential to understand what’s happening behind the scenes. Anyone else using these metrics? What do you think?