This indicator helps visualize Ethereum market conditions by categorizing them into four heat zones: Cold, Cool, Warm, and Hot. It uses data from Ethereum prices and trading volumes to determine these zones. Key Concepts:
Heat Zones:
Cold Zone: Market is very cold.
Cool Zone: Market is cool.
Warm Zone: Market is warming up.
Hot Zone: Market is very hot.
Data Sources:
Bitcoin Prices: High and low prices.
Market Capitalization: Realized market cap of Bitcoin.
Trading Volume: Total volume of Bitcoin transferred.
Table: Displays a legend of the heat zones and the z score of 1 year.