60-Day Cumulative Increase
Metric Description
60-Day Cumulative Increase represents the cumulative sum of BTC’s daily rise and fall in the past 60 days. A positive number represents a cumulative increase, and a negative number represents a cumulative decline.
When the indicator reaches around 100%, it is equivalent to the cumulative sum of the daily rise and fall of BTC in the past 60 days is close to +100%, the market is in the FOMO stage, and historically it is the top range
The reason for this phenomenon is that when the price rises too fast in the short term, there will be a large increase in profitable selling. This indicator can be used as an early warning/verification indicator for other top indicators, and the combined effect is remarkable.
This indicator was originally created by
江卓尔