**Understanding Delta Cap**
Delta Cap is an essential concept in onchain analysis š
It represents the true value of a network after removing speculative premiums šø
Delta Cap = Realized Cap - Average Cap, revealing the core value beneath market fluctuations š
**The Significance of Delta Cap**
š¹ It's often referred to as the "ultimate support line" for Bitcoin, where opportunities emerge and fears peak š
š¹ When the price touches this level, it indicates that all speculative froth has been eliminated š„
$LUNA, $JUV , $SOMI .
