Cryp2Nova

Realised Signal Realisedpnl Momentum STH Signal Realisedpnl Momentum STH

Bitcoin

The Short-Term Holder Realised P/L Momentum measures the rate of change of the Short-Term Holder Realised P/L over a rolling window.

Why it matters

It converts the Short-Term Holder Realised P/L level into a momentum signal that turns before the raw level does.

How it is built

The slope (gradient) of the Short-Term Holder Realised P/L is computed over the lookback window and normalized around zero.

What to watch

Rising momentum confirms strengthening valuation trend; falling momentum warns of deceleration ahead of consolidations or tops.

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