[#BTC Mavericks before the top of the last call back on the chain signal of getting on the car] Although there is a narrowing fake action, the golden cross will continue to expand after all, and steady happiness is on the way😎

Recently, the number of BTC whale chips flowing into the exchange on the off-exchange chain has increased significantly. The bar in the figure shows the daily number of whale chips flowing into the exchange as a percentage of the total BTC flowing into the exchange.
The scale of the current wave of whale chips flowing into exchanges can be compared with major historical events such as "312 in 2020", "519 in 21", "LUNA crash", and "FTX crash".
Note: An entity holding more than 1k+ #BTC on the off-chain is defined as a whale.

Over the past 1 year, the BTC/ETH market capitalization ratio has been on a strong upward trajectory.
This highlights the resilience of #BTC and seems to imply that the pancake-only world is unshakable for the foreseeable future.
Indicator link:

[#BTC The signal on the chain of the last pullback before the top of the calf - the end] is currently golden cross.

This wave touches the 1.0 bull market support level again.
The black line in the figure is the price of #BTC; the green line is the part of BTC Realized Profit/Loss (Realized Profit/Loss) 24h-EMA _ 1.0, and the red line is the part of _ 1.0.
Note: Among the BTCs that have moved on the chain for a period of time, the ratio of the total dollar profit of BTCs that have moved in a profitable state to the total loss in dollars of BTCs that have moved in a loss state is called the BTC Realized Profit/Loss Ratio (Realized Profit/ Loss), the ratio = 1.0 is the big support level of the bull market & th

Mavericks top in 2016, the index value on the chain is 1.60;
Mavericks top in 19 years, the indicator value on the chain is 1.57;
The current indicator value on the chain is 1.39.
The upper black line in the figure is the price of #BTC, and the lower on-chain indicators are the average buying price of chips for short-term BTC holders (holding <_155 days) and the average buying price of chips for long-term BTC holders (holding >_155 days) Ratio.

The last callback before the calf top in 2016, blue line, golden cross and orange line;
The last callback before the top of the Mavericks in 19 years, the blue line, the golden cross and the orange line;
Currently, the blue line is $20436.17 and the orange line is $20529.92, which is 93.75 dollars away from the golden cross.
The black line in the figure is the price of #BTC; the blue line is the overall average buying price of BTC on the chain; the orange line is the average buying price of chips for long-term BTC holders (holding >_155 days) on the off-chain chain.

Current #BTC price volatility has compressed to an all-time low.
It is worth mentioning that there have been two other times in history that volatility has also been compressed to such a low level, one in March 2019 and one in July 2020, both on the eve of the surge.
Indicator link:

16 years are engraved.
The upper indicator in the figure is #BTC price, and the lower on-chain indicator is the ratio of the total market value of BTC short-term holders' chips to the total market value of BTC short-term holders' chips calculated according to the purchase price (Short-Term Holder Market Value to Realized Value) .

Both the 16-year calf top and the 19-year calf top have reached similar heights in orange columns.
The current orange bar is still at a lower level.
The black line in the figure is the price of #BTC; the gold line is the overall average buying price of BTC on the chain; the orange column is the 7-day net change indicator of the gold line after Z-Score normalization.

In the figure, the #BTC on-chain indicator is the percentage of the number of addresses that have transactions for the first time among all addresses that have transactions on the chain within a period of time to the total number of transaction addresses.
The percentage recently reached a new high in more than 3 years, which may mean that newcomers (new incremental funds) are actively entering the market.
Indicator link:

The current index on the chain has dropped to 0.06611%, marking 0.06614% on March 27, 2016.
The upper indicator in the figure is #BTC price, and the lower chain indicator is BTC's relative realized loss of 365DMA.
Note: The total dollar loss of BTC that has moved in a loss state on the chain for a period of time is called Realized Loss. Divide the realized loss by the total market value of BTC to get the Relative Realized Loss.

1/5 🧵Let_s delve into a powerful crypto market indicator: the Exchange-Onchain Market Depth. It provides a snapshot of buying/selling interest for a particular crypto-asset.
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