अल्पकालीन आणि दीर्घकालीन Bitcoin होल्डर कॉस्ट बेस्स बाजाराच्या बदलत्या परिस्थिती दर्शवतात

By Bitcoin मासिक - 2 वर्षांपूर्वी - वाचनाची वेळ: 2 मिनिटे

अल्पकालीन आणि दीर्घकालीन Bitcoin होल्डर कॉस्ट बेस्स बाजाराच्या बदलत्या परिस्थिती दर्शवतात

अल्पकालीन आणि दीर्घकालीन bitcoin holder cost basis ratio is trending downward, signaling a shift in market conditions.

खाली दीप डाइव्हच्या अलीकडील आवृत्तीचे आहे, Bitcoin मासिकाचे प्रीमियम मार्केटचे वृत्तपत्र. हे अंतर्दृष्टी आणि इतर ऑन-साईन प्राप्त करणार्‍या प्रथम लोकांपैकी असणे bitcoin आपल्या इनबॉक्समध्ये थेट बाजार विश्लेषण, आत्ता सभासद व्हा.

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 The Daily Dive #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.

अगोदर निर्देश केलेल्या बाबीसंबंधी बोलताना 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:

अगोदर निर्देश केलेल्या बाबीसंबंधी बोलताना 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:

अगोदर निर्देश केलेल्या बाबीसंबंधी बोलताना bitcoin short-term holder and long-term holder realized price.

Similarly, last Wednesday in The Daily Dive #144 we highlighted the bullish flip in the delta gradient, another market momentum metric.

मूळ स्त्रोत: Bitcoin मासिक