Transfer Volume in Loss

Transfer Volume in Loss is used to track the amount of BTC that moved during the current day, the price of which was higher than the current price at the time of the previous move.

1) This indicator can be used as an auxiliary indicator for judging the short-term bottom, that is, it has been judged that the market is close to the short-term bottom using other indicators. At the same time, the value of this indicator has risen rapidly in the fall of BTC price, indicating that some coin holders have begun to surrender, and strong players have completed A round of harvesting for weak players, the market re-enters the next cycle.

2) This indicator can be used as an auxiliary indicator for judging the short-term top. That is, it has been judged that the market is close to the short-term top by using other indicators, and at the same time, the value of this indicator rapidly drops to around 0 during the rise of BTC price, indicating that the chips at this time are almost all in Profit, the profit party is eager to sell, which often corresponds to the short-term top.