#持有SCDO未来星辰大海
🔍 Bitcoin
On-chain Insights: Tracking Smart Money
Key Metrics Tracking
1. High Active Addresses (≥100 transactions in 30 days)
Exclude exchanges/miners → Pure 'organic' activity.
Increased activity = Stronger network utilization.
2. MVRV + Profit and Loss Index
Reveals whether assets are relatively overvalued based on 'realized' value.#BTC
Profit and Loss Index > 1 = Investors are in profit (risk of pullback exists).
3. Bull-Bear Indicator
- Combines multiple on-chain signals to identify market phases.
Current Action Points
If high active addresses grow while MVRV remains neutral → Potential uptrend.
Profit and Loss Index surges → Whales may be taking profits
👇 Which on-chain indicators do you rely on?
👇 Which on-chain indicators do you rely on?
BTC Price Analysis#币安投票上币
BTC