UXTO's realized price distribution diff version is now available. Looknode's newly developed diff version refines the price distribution movement based on the previous one. As a deep user of looknode, I think this function is really useful.
Friends who are familiar with UXTO's realized price distribution indicator must know that when we used this indicator to observe the changes of chips at various prices, we encountered two problems. One is what changes have occurred to the chips at a certain price at different times? The other is where did the changed chips go? The current diff version helps us solve these problems intuitively.
As shown in the figure, the virtual box indicates that the chips have been moved from the original price, and the red column indicates the chips moved from other prices. In the figure, we intercepted the data from 24-8-1 to 24-9-18. It can be seen that some of the chips on the left side of the figure have been transferred to other areas. The amount is very small, so we ignore this part.
The focus is to observe the chips near the current price. The largest amount of chips in the figure is concentrated at US$58,508. There are currently 550,000 chips here, of which 370,000 are moved here from other prices. Above it, the chips at the previous "three mountains" of $66,553 decreased from 530,000 to 260,000, the chips at $67,284 decreased from 510,000 to 300,000, and the chips at $68,747 decreased from 490,000 to 420,000.
Perhaps some friends will say that there are still a lot of locked chips above 66,000. Well, this involves another indicator updated by looknode (long-term and short-term chip distribution). I will keep it a secret today and explain it to you tomorrow.
Summary: Intuitively speaking, we are in the stage of consolidating the foundation, and the distribution of chips is more reasonable. Through the transfer and redistribution of the locked chips above, the pressure seems to be decreasing. In the macro behind