Long-Term Holder Percent Volume in Profit

Long-Term Holder Percent Volume in Profit is used to track the percentage of BTC that has moved on the current day and was held for ≥ 155 days , and the price of the last move was lower than the current price.

When the value of this indicator gradually rises until it continues to be 1, historically, it often corresponds to the main rising wave of the market.

This indicator can be used as an auxiliary indicator for judging the bottom range of the market, that is, other indicators have been used to judge that the market is close to the bottom range, and the indicator starts to turn upward at a low point, indicating that long-term holder is no longer willing to sell at a loss. Historically, it often corresponds to the market bottom range.