Net Realized Profit/Loss

Net Realized Profit/Loss is used to track the sum of the total profit (positive value) in USD for the BTC that is moving and is in profit, and the total loss (negative value) in US dollars for the BTC that is moving and in a loss, i.e. This metric captures the net profit/loss of BTC being moved in the network.

Set the SMA parameter of the indicator to 30 and observe that:

1) In the long-term upward trend, when the indicator begins to accelerate and the price of BTC continues to maintain the upward trend, it means that the growth rate of new funds entering the market is sufficient, which often corresponds to the main rising wave of the market.

2) This indicator can be used as an auxiliary indicator for judging the top range of the market, even if other indicators have been used to judge that the market is close to the top range, and the indicator and the price both turn downward or the indicator and the price trend have a large-scale deviation, indicating a new entry Funds have run out of selling/chips have changed hands sufficiently, often corresponding to the top range of prices.

3) This indicator can also be used as an auxiliary indicator for judging the bottom range of the market. Even if other indicators have been used to judge that the market is close to the bottom range, and there is a large-scale divergence between the indicator and the price trend, it means that the long-term wash has been completed, and the chips have been fully changed hands. Loss holders are reluctant to sell at a loss, which often corresponds to the bottom range of the price.