CryptoChan
--
The 30-day injection of market funds in the first two waves of this round is at a low level
The Realized Cap 30d Net Change is an on-chain metric that acts like a “fund flow meter,” reflecting the real inflow and outflow of funds in the Bitcoin network in real-time
In simple terms, this indicator tells us: over the past 30 days, have investors been injecting funds into this market or pulling out funds
Positive (upward): indicates that the price of coins when handed over is higher than the price at which they last moved. This means new funds are entering the market, absorbing sell orders, and raising the overall market holding cost. This is usually characteristic of a bull market or a rebound
Negative (downward): indicates that the price of coins when handed over is lower than the last moving price (i.e., investors are selling at a loss). This means funds are flowing out of the network, or the market lacks sufficient buy orders to support transactions at high prices. This usually occurs in a bear market or during a severe washout phase
Severe positive peaks: often appear in the mid to late stages of a bull market. At this point, a large amount of profit-taking occurs (old coins moving), while new entrants, the “buying knights,” take over at extremely high prices, causing the realized market value to soar. If this value is too high, it may indicate that the market is overheating
Breaking below the zero axis and continuing to decline: this is a signal of “capitulation.” When this indicator turns from positive to negative, it indicates that the market has entered a stage of loss exit, and sentiment has shifted from optimistic to pessimistic
Realized Cap is different from regular Market Cap; it is not calculated by multiplying the current market price by the supply, but rather by the price at which each coin last moved
Thus, the 30-day net change actually reflects the degree of fluctuation in the average holding cost (Cost Basis) of investors across the network over the past month
In summary, you can think of it as the “total blood volume change” of the Bitcoin market
If the value is increasing, it indicates that the market is “rehydrating,” with support for the trend;
If the value is shrinking, it indicates that the market is “bleeding,” and even if the price is rising, it may just be a short squeeze or a lack of momentum for a false rise.
The Realized Cap 30d Net Change is an on-chain metric that acts like a “fund flow meter,” reflecting the real inflow and outflow of funds in the Bitcoin network in real-time
In simple terms, this indicator tells us: over the past 30 days, have investors been injecting funds into this market or pulling out funds
Positive (upward): indicates that the price of coins when handed over is higher than the price at which they last moved. This means new funds are entering the market, absorbing sell orders, and raising the overall market holding cost. This is usually characteristic of a bull market or a rebound
Negative (downward): indicates that the price of coins when handed over is lower than the last moving price (i.e., investors are selling at a loss). This means funds are flowing out of the network, or the market lacks sufficient buy orders to support transactions at high prices. This usually occurs in a bear market or during a severe washout phase
Severe positive peaks: often appear in the mid to late stages of a bull market. At this point, a large amount of profit-taking occurs (old coins moving), while new entrants, the “buying knights,” take over at extremely high prices, causing the realized market value to soar. If this value is too high, it may indicate that the market is overheating
Breaking below the zero axis and continuing to decline: this is a signal of “capitulation.” When this indicator turns from positive to negative, it indicates that the market has entered a stage of loss exit, and sentiment has shifted from optimistic to pessimistic
Realized Cap is different from regular Market Cap; it is not calculated by multiplying the current market price by the supply, but rather by the price at which each coin last moved
Thus, the 30-day net change actually reflects the degree of fluctuation in the average holding cost (Cost Basis) of investors across the network over the past month
In summary, you can think of it as the “total blood volume change” of the Bitcoin market
If the value is increasing, it indicates that the market is “rehydrating,” with support for the trend;
If the value is shrinking, it indicates that the market is “bleeding,” and even if the price is rising, it may just be a short squeeze or a lack of momentum for a false rise.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
86,929.17
-0.21%
