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Unrealised Sthmvrv Bollingerbands Sthmvrv Bollingerbands

Bitcoin

This applies Bollinger Bands to the Short-Term Holder MVRV, framing it with volatility-based upper and lower envelopes.

Why it matters

It flags when STH-MVRV is statistically overextended relative to its recent range.

How it is built

A moving average of STH-MVRV is bracketed by bands set a number of standard deviations above and below.

What to watch

STH-MVRV tagging the upper band signals overextended recent-buyer profit; the lower band signals oversold stress.

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