Golden Pit Tracking Series (4): Latest Data from the "Four Major Deep Bear Bottom Hunting Models" This article is the fourth in the "Golden Pit Tracking Series", Although BTC has experienced a relatively strong upward trend this week, causing the current price to be further away from the model valuation, However, based solely on the current bottoming time, structure, and liquidity distribution, I think it's still too early to declare the end of the bear market, Now, let's officially enter this week's data overview ： // AVIV Heatmap Index Introduction: ➡️ It is a model designed by me personally, based on AVIV as a derivative ➡️ Efficient 'cycle thermometer' for identifying market stages ➡️ AVIV can be regarded as the "profit multiple of active chips" and is an optimized version of MVRV ➡️ AVIV Heatmap is a model designed using the mean regression property of AVIV ➡️ The concept comes from Cointime Economic methodology (proposed by Ark and Glassnode) Detailed tutorial on indicators: https://(((((((x.com))))/market_gegar/status/1942759255385465186 At present, the upper bound of the blue area on AVIV Heatmap is 63370 // Cointime Price Index Introduction: ➡️ Cointime Economics, jointly produced by Ark and Glassnode ➡️ Calculate BTC chips using a 'time weighted' approach and conduct fair valuation ➡️ Excluding the influence of ancient and lost chips, only considering chips that are "moving" Detailed tutorial on indicators: https://(((((((x.com))))/market_gegar/status/1871466038107512855 Currently Cointime Price=51782 // Realized Price Index Introduction: ➡️ The basic concept of on chain analysis can be regarded as the "average cost of holding BTC in the entire market" ➡️ As shown in the attached figure, in the past, when BTC prices were lower than the Realized Price, they were all cyclical bottoms ➡️ Compared to Cointime Price, it is relatively loose Detailed tutorial on indicators: https://((((((x.com))))/market_gegar/status/1862031455070941350 The current realized price is 54558 // LTH-Realized Price（LTH-RP） Index Introduction: ➡️ The principle is the same as Realized Price, but the analyzed population is Long Term Holders (LTH) ➡️ Due to the lower holding costs of LTH, LTH-RP is also more stringent ➡️ Compared to Cointime Price, LTH-RP itself has higher engraving power and should be used with caution Detailed tutorial on indicators: https://(((((((x.com))))/market_gegar/status/1864600434129948724 The current LTH-RP is 42182 // Summary This article is the fourth analysis post in the "Golden Pit Tracking Series", I hope regular tracking of this series can be helpful for everyone in designing their 'bottom fishing strategy'. Today marks the temporary bottom of the 2/06 sharp decline, which happened to be over a month ago, As I mentioned in my recent technical analysis post, BTC has temporarily chosen to start, cleaning up the large amount of liquidity that originally existed above, And there is an equal low left in the area of about 62.5K below, which is undoubtedly a hidden danger in the future. And in terms of the bottom of the large level (cycle level), I don't think just one month of lateral oscillation can complete the final bottom, Therefore, I am more inclined to view the current rise as a rebound and continue to wait for the last tremor. The above is today's content, hoping to be helpful to everyone // Related reading resources Golden Pit Tracking Series: Latest Data Update on the "Four Major Deep Bear Bottom Hunting Models" https://((((((((x.com))))))))/market_beggar/status/2021763207296430279 Golden Pit Tracking Series (2): Latest Data from the "Four Major Deep Bear Bottom Hunting Models" https://((((((((x.com))))))))/market_beggar/status/2024664344257245584 The driving force behind the rebound: the repair of US financial sentiment https://((((((((x.com))))))))/market_beggar/status/2029373465422381520 New buyer reappears: on the eve of bottoming out or another scam https://((((((((x.com))))))))/market_beggar/status/2028649877014761888