CVDD + Terminal Price Indicator + Z-SCORE

2 mai

This custom indicator is designed to help identify major overvaluation and undervaluation zones in Bitcoin's market cycles by analyzing price behavior relative to long-term on-chain benchmarks.

It leverages two well-known valuation models — CVDD (Cumulative Value Days Destroyed) and Terminal Price — to define a dynamic valuation range that adapts over time. These reference points are combined with a custom Z-score framework to evaluate how extended price is compared to long-term value zones.

The result is a normalized oscillator that highlights extremes in market sentiment, ranging from –3 (potential deep value) to +3 (potential overheated conditions), with a gradient color scale for quick visual interpretation.

This tool is especially useful for long-term investors and macro analysts seeking signals of potential market tops and bottoms based on deep on-chain behavior — rather than short-term technicals.

2 mai

Notes de version

This custom indicator is designed to help identify major overvaluation and undervaluation zones in Bitcoin's market cycles by analyzing price behavior relative to long-term on-chain benchmarks.

It leverages two well-known valuation models — CVDD (Cumulative Value Days Destroyed) and Terminal Price — to define a dynamic valuation range that adapts over time. These reference points are combined with a custom Z-score framework to evaluate how extended price is compared to long-term value zones.

The result is a normalized oscillator that highlights extremes in market sentiment, ranging from –3 (potential deep value) to +3 (potential overheated conditions), with a gradient color scale for quick visual interpretation.

This tool is especially useful for long-term investors and macro analysts seeking signals of potential market tops and bottoms based on deep on-chain behavior — rather than short-term technicals.