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Biturai Trading Wiki
The Biturai crypto encyclopedia: AI-assisted, data-informed, and continuously quality-audited.
SSR Oscillator: Bollinger-Based Variant
The Stablecoin Supply Ratio (SSR) Oscillator, particularly its Bollinger-based variant, is an analytical tool assessing Bitcoin's market liquidity and potential buying power.
Realized Capitalization HODL-Ratio: Structure and Application
The Realized Capitalization HODL-Ratio is an on-chain metric that assesses market sentiment by comparing the value stored in long-term holdings to short-term activity.
Vaulted Price and Active Price in the Cointime Model
The Cointime model introduces advanced metrics like Vaulted Price and Active Price to offer a deeper understanding of Bitcoin's market structure.
Cointime Economics: Understanding Active and Vaulted Supply
Cointime Economics is an advanced analytical framework that provides a nuanced understanding of Bitcoin's economic activity.
True Market Mean Price (Cointime Model) Explained
The True Market Mean Price, also known as the Active-Investor Price, offers a refined perspective on the average cost basis for all cryptocurrencies acquired on secondary markets.
UTXO Realized Price Distribution: Interpreting On-Chain Supply Dynamics
The UTXO Realized Price Distribution (URPD) is an on-chain metric that visualizes where Bitcoin's supply was last moved on the blockchain.
Understanding On-Chain Cost Basis Distribution Heatmaps
The On-Chain Cost Basis Distribution (CBD) Heatmap visualizes the price levels at which a cryptocurrency's total circulating supply was last acquired.
Sell-Side Risk Ratio Explained
The Sell-Side Risk Ratio is an on-chain metric from Glassnode that quantifies the aggregate risk-reward profile of market participants looking to sell their assets.
Realized Profit/Loss Ratio as a Momentum Signal
The Realized Profit/Loss Ratio is an on-chain metric that quantifies the aggregate profitability of coins being moved on the blockchain, indicating whether market participants are predominantly taking gains or capitulating to losses.
Net Unrealized Profit/Loss (NUPL) and Market Cycles
The Net Unrealized Profit/Loss (NUPL) is an on-chain metric that reveals the aggregate profit or loss status of all coins in a cryptocurrency network.
Understanding Percent Addresses in Profit
Percent Addresses in Profit is an on-chain metric that reveals the proportion of cryptocurrency addresses currently holding assets at an unrealized gain.
Percent Supply in Loss as a Capitulation Signal
The "Percent Supply in Loss" metric identifies periods when a significant portion of a cryptocurrency's circulating supply is held at a price higher than the current market value.
Interpreting Long-Term Holder Supply in Profit/Loss
Long-Term Holder (LTH) Supply in Profit/Loss is a key on-chain metric revealing the financial health and conviction of Bitcoin's most patient investors.
Analyzing Coin Days Destroyed by Holder Cohort
Coin Days Destroyed (CDD) measures the economic significance of coin movements, giving more weight to older, dormant coins.
Short-Term Holder vs. Long-Term Holder Realized Price Comparison
The Short-Term Holder (STH) Realized Price and Long-Term Holder (LTH) Realized Price are key on-chain metrics that segment Bitcoin investors by their holding duration, offering insights into market structure and sentiment.
Long-Term Holder Cost Basis Explained
The Long-Term Holder Cost Basis represents the average price at which long-term investors acquired their cryptocurrencies. This on-chain metric provides deep insights into market sentiment and potential support or resistance levels.
Short-Term Holder Cost Basis as Dynamic Support
The Short-Term Holder Cost Basis represents the average acquisition price of Bitcoin for investors who have held their coins for less than 155 days.
Bitcoin Short-Term Holder Supply as a Liquidity Indicator
The Short-Term Holder Supply metric tracks the total amount of Bitcoin held by investors for less than 155 days.
Bitcoin LTH-to-STH Supply Ratio as a Cycle Indicator
The LTH-to-STH Supply Ratio is an on-chain metric that helps identify different phases of the Bitcoin market cycle. It compares the supply of Bitcoin held by long-term investors to that held by short-term speculators.
Interpreting Exchange Reserves and Balances
Exchange reserves represent the total amount of a specific cryptocurrency held by centralized trading platforms. Monitoring these balances offers insights into potential market selling pressure or accumulation trends among investors.