PROTECTED SOURCE SCRIPT
已更新 Stablecoin Market Cap Risk
The Stablecoins Market Cap Risk indicator serves as a valuable risk oscillator for Bitcoin on a macro scale. This metric is derived by aggregating the market capitalization of 
USDT (Tether) and 
USDC (USD Coin), subsequently dividing this combined value by 
TOTAL (total market capitalization). The resulting figure is further normalized through linear regression.
The regression in question:
https://drive.google.com/file/d/1-FncthYtk-Gnc3TDUnYXGapFMWI9OGge/view?usp=sharing
However, it is essential to acknowledge that this model's reliability may diminish over time, as it is based solely on data from the most recent 4.5 years of cryptocurrency market trends. Consequently, adaptations and enhancements to the model are anticipated in the future to ensure its continued relevance and accuracy.
USDT (Tether) and USDC (USD Coin), subsequently dividing this combined value by TOTAL (total market capitalization). The resulting figure is further normalized through linear regression.The regression in question:
https://drive.google.com/file/d/1-FncthYtk-Gnc3TDUnYXGapFMWI9OGge/view?usp=sharing
However, it is essential to acknowledge that this model's reliability may diminish over time, as it is based solely on data from the most recent 4.5 years of cryptocurrency market trends. Consequently, adaptations and enhancements to the model are anticipated in the future to ensure its continued relevance and accuracy.
版本注释
Added more data受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。