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At the end of a bear market's bottoming-out phase often comes a devastating "sacrifice." The final panic selling in the market is essentially the complete collapse of the bulls' last psychological defenses. That seemingly devastating "final drop" is actually a complete clearing and reorganization of chips from "old hands" to "new hands." The on-chain indicator VDD Multiple is a precise "microscope" for capturing this brutal process.
┌── 📑 𝗗𝗲𝗲𝗽 𝗗𝗶𝘃𝗲 | Indicator Details ──┐ Value Days Destroyed (VDD) Multiple is an advanced indicator evolved from "Coin Days Destroyed."
• Core Logic: It measures the activity level of "old coins." When long-term holders (LTH) panic and choose to sell their tokens, a large amount of long-dormant "coin days" will be destroyed.
• Counterintuitive phenomenon at the bottom of a bear market: During the bottoming phase at the end of a bear market, although the price is experiencing a desperate "final drop," VDD Multiple often experiences a violent surge.
• The truth behind it: This violent upward surge corresponds to the transfer of "ancient tokens" buried deep underground due to panic. When even the most steadfast holders begin to "cut their losses" or liquidate their positions, the market's floating tokens are truly cleansed. The darkest hour is before dawn, and this final drop is the last hurdle before dawn. The impulsive upward movement of VDD Multiple is often the ultimate signal that the market has bottomed out and the tokens have completed a cross-generational transfer.

It looks like it's coming soon; April is crucial.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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