TA
Price
On-chain
Fundamental
Macro
Macroeconomic
On-chain
Indicators
Energy Value
Estimates BTC fair value from mining economics: network hashrate, hardware efficiency, electricity cost, and coin supply.
Metcalfe Value
Network-value model based on address growth (Metcalfe's law). More active users imply higher network value.
sth/lth marketcap ratio
40-day z-score of the short-term vs long-term holder market cap ratio. Above 0 means STH dominance; below 0 means LTH dominance.
sth/lth realizedcap ratio
40-day z-score of short-term vs long-term holder realized cap. Above 0 means STH dominance; below 0 means LTH dominance.
sth/lth realizedprice ratio
40-day z-score of short-term vs long-term holder realized price. Above 0 means STH dominance; below 0 means LTH dominance.
Systems
LTH Average Signal
Average of standardized long-term-holder on-chain signals. Higher values suggest overheated conditions; lower values suggest stress or value.
LTH Signal Boost
Consensus boost when multiple LTH signals align. Larger spikes mark higher-conviction extremes.
STH Average Signal
Average of standardized short-term-holder on-chain signals. Higher values suggest overheated conditions; lower values suggest stress or value.
STH Signal Boost
Consensus boost when multiple STH signals align. Larger spikes mark higher-conviction extremes.
