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BTC: aSOPR Overheated Signal

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BTC: Adjusted Spent Output Profit Ratio (aSOPR) Overheated Signal

Calculation:
Adjusted SOPR is calculated by the 30 day moving average divided by the 365 day moving average of SOPR.

Function:
When the aSOPR is above the upper threshold line (default = 1.01), this signals an overheated market, where participants are realising their gains.

Best Use:
On the 1D Chart. Used in combination with a variety of other tools for analysis to identify overheated market conditions.

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