Great video as always! Quick question, why not make the range of values of this metric to be -1 to 1? When the value is negative, then we know that entities are distributing. Based on the info in the video, when the value is zero, it shows that "large entities are not accumulating OR distributing." Does it have to be ambiguous? Is there a reason we can't make the range go to -1 so we know which one it is? I'm not the expert of course, just looking to learn more. Thank you!
The chart would look the same except the midpoint on the color scale would be -1 instead of 0.5; after arbitrarily stretching the ratio to a range of 2 going from -1 to 1. The 0 to 1 number is the result of a mathematical ratio that can only yield results in the range of 0 to 1.
This is a really great indicator. I wonder, is there anything you can do to tun the tooltip off? It's really distracting, and quite useless, as there's no way you can possibly read the data from it when the pointer is moving around.
@@glassnode yes but it is hard to understand. If there is a Turkish language support for your youtube videos like in the weekly bulletin, this would make the Turkish community very happy.
I like this metric a lot, would love a quarterly check up on this metric to see how the trends play out
Really amazing metric to track how the smart is playing in the market.
thats one of the best charts i've seen in a while.
you better be right, I'm going all in!!! Thanks
This is a great tool. Interesting to see Accumulation taking place at ATHs.
🤣
Me, not a Bot: Thank You Checkmate, love this metric :))
Great analysis as always. Love the new metrics.
thank you
Thank you.great point of view differently in all the videos. ♥️From turkey
Dark mode was really appreciated. It'd be great to continue using dark mode in the future videos.
Dark mode is terrible you can’t see anything properly
Nice!!
Nice metric! I would love to have more color in this metric with à score -1 to 1.
I would anticipate a further compression of price into a drop bottoming
How to use this metric in workbench? It does not exist in metrics list when I want to add it.
great job !!
I don’t think accumulation matters at the current time. The price action is driven by futures contracts in a bear market.
What bear market? :)
Yes, I see it the same way. There are hodlers and the futures trading and onChain there are no buyers.
phenomena 👏👏👏
Points to the top of the peak - Hey look it's accumulation!!! 🤣🤣🤣
Great video as always! Quick question, why not make the range of values of this metric to be -1 to 1? When the value is negative, then we know that entities are distributing. Based on the info in the video, when the value is zero, it shows that "large entities are not accumulating OR distributing." Does it have to be ambiguous? Is there a reason we can't make the range go to -1 so we know which one it is? I'm not the expert of course, just looking to learn more. Thank you!
The chart would look the same except the midpoint on the color scale would be -1 instead of 0.5; after arbitrarily stretching the ratio to a range of 2 going from -1 to 1. The 0 to 1 number is the result of a mathematical ratio that can only yield results in the range of 0 to 1.
Seems like based on the similarity to 2019 we could be heading towards a capitulation event? An interesting possibility to consider
Looks like 2018 drop from 6k to 3k
I feel like the colour-scale on that graph should be the other way around. That my only criticism though!
This is a really great indicator. I wonder, is there anything you can do to tun the tooltip off? It's really distracting, and quite useless, as there's no way you can possibly read the data from it when the pointer is moving around.
We hear your feedback, it is in the pipeline. Thanks for watching!
@@glassnode Thx for the reply! Love your work
I think today 11 will be more purple as many whales started accumulating
HODL!
Please add Turkish subtitles to your videos.
TH-cam provides all languages via auto translation, which we have turned on for our videos.
@@glassnode yes but it is hard to understand. If there is a Turkish language support for your youtube videos like in the weekly bulletin, this would make the Turkish community very happy.
Just learn English like the rest of the world...
Doesn't make sense to add subs for such "exotic" languages, when videos don't get a few M views.