capriole_charles

Market Hedge Ratio

Ratio of crypto (total, Bitcoin, or Ethereum market cap) to major stable coins.

A low ratio suggests a lot of people are sitting in cash (sidelined if crypto rallies).

A high ratio suggests possible demand saturation.
Release Notes:
Removed UST as it was delisted by TradingView
Release Notes:
Sourcing
Release Notes:
Sourcing updating

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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