PROTECTED SOURCE SCRIPT
已更新

Stablecoin Market Cap Risk

1 163
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.
版本注释
Added more data

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。