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Ethereum: Value Days Destroyed (VDD) Multiple

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This indicator helps visualize Ethereum market conditions by categorizing them into four heat zones: Cold, Cool, Warm, and Hot. It uses data from Ethereum prices and trading volumes to determine these zones.

Key Concepts:

Heat Zones:


  • Cold Zone: Market is very cold.
  • Cool Zone: Market is cool.
  • Warm Zone: Market is warming up.
  • Hot Zone: Market is very hot.


Data Sources:

  1. Bitcoin Prices: High and low prices.
  2. Market Capitalization: Realized market cap of Bitcoin.
  3. Trading Volume: Total volume of Bitcoin transferred.


Table: Displays a legend of the heat zones and the z score of 1 year.
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Cyclessentimentstatistics

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