I found a website that you can see ETH MVRV Z Score for free!
Please, bookmark🔖it ✅️ But it's a shame that it shows only 6 momths' data 🥲
Nevertheless, if the altseason 3.0 occurs this year, it will be the most powerful tool to assess whether it's a bubble or not.
Because, as I previously said that before, SOL(Solana) and XRP(Ripple) marketcaps are not related to Crypto Total 2 Marketcap, and it turned out only ETH(Ethereum) leads altseasons.
I still keep the view that the altseason 3.0 will end near 3.0 of ETH MVRV Z Score.
The current ETH MVRV Z Score is around 1.0. So, compared to the altseasons 1.0 and 2.0, it doesn't look like a bubble.
The reason why I'm not concerned about the current correlation is a belief based on data, not blind belief.
If you are concerned about a market condition, I'd say when ETH MVRV Z Score reaches 2.0, it would be better for you to sell cryptos in tranches.
No one knows how much higher cryptos can soar. So, I'd sell a considerable amount of cryptos when ETH MVRV Z Score is around 3.0.