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Ethereum: Value Days Destroyed (VDD) Multiple
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This indicator helps visualize Ethereum market conditions by categorizing them into four heat zones: Cold, Cool, Warm, and Hot. It uses data from Ethereum prices and trading volumes to determine these zones.
Key Concepts:
Heat Zones:
Data Sources:
Table: Displays a legend of the heat zones and the z score of 1 year.
Key Concepts:
Heat Zones:
- Cold Zone: Market is very cold.
- Cool Zone: Market is cool.
- Warm Zone: Market is warming up.
- Hot Zone: Market is very hot.
Data Sources:
- Bitcoin Prices: High and low prices.
- Market Capitalization: Realized market cap of Bitcoin.
- Trading Volume: Total volume of Bitcoin transferred.
Table: Displays a legend of the heat zones and the z score of 1 year.
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