By Bitcoin Сэтгүүл - 2 жилийн өмнө - Унших хугацаа: 2 минут
Богино болон урт хугацааны Bitcoin Эзэмшигчийн зардлын суурь нь өөрчлөгдөж буй зах зээлийн нөхцөл байдлыг илтгэнэ
Богино болон урт хугацааны bitcoin holder cost basis ratio is trending downward, signaling a shift in market conditions.
Доорх нь Гүн шумбалтын саяхны хэвлэлээс, Bitcoin Сэтгүүлийн дээд зэрэглэлийн зах зээлийн мэдээллийн товхимол. Эдгээр мэдээлэл болон бусад сүлжээн дэх мэдээллийг хүлээн авах анхны хүмүүсийн нэг байх bitcoin зах зээлийн шинжилгээ шууд таны имэйл хайрцагт одоо бүртгүүлэх.
One of our favorite on-chain indicators recently flipped bullish. The STH (short-term holder) LTH (long-term holder) cost basis ratio recently has started to trend downward over the last two weeks, indicating a shift in market conditions.
The metric is first explained in detail in Өдөр тутмын шумбалт # 070.
Historically the metric has been one of the most accurate market indicators in Bitcoin, as the relationships between short-term and long-term holders and the acceleration/deceleration of cost basis of the two respective cohorts is quite informative.
The bitcoin price short-term holder and long-term holder ratio's 14-day change.While it is true that short-term holders are still underwater in aggregate (relative to the average cost basis of the cohort) the market absorbed lots of realized losses during the last few months, and with a relative accumulation occurring, the STH LTH Ratio has flipped back bullish.
A backtest of the ratio over time speaks for itself:
The bitcoin price short-term and long-term holder ratio's 14-day change.Below is a view of the inputs that go into the ratio itself:
The bitcoin short-term holder and long-term holder realized price.Similarly, last Wednesday in Өдөр тутмын шумбалт # 144 we highlighted the bullish flip in the delta gradient, another market momentum metric.
Эх сурвалж: Bitcoin сэтгүүл