OPEN-SOURCE SCRIPT
업데이트됨 Coinbase Premium Heatmap
Coinbase Premium Heatmap visualizes spot bitcoin premium (or discount) on Coinbase, relative to other spot markets, visualized as a heatmap overlay.
OPTIMIZED FOR CLARITY
Coinbase Premium can whipsaw quickly, with dramatic state changes over relatively brief periods, unnecessarily complicating its use (for our purposes).
To mitigate whipsaws, the script (a) averages premium/discount on an hourly basis, and (b) introduces lightweight exponential smoothing, to further simplify/clarify state.
WHY IT MATTERS
Spot Coinbase premium is a strong proxy for bullish institutional sentiment and net inflows/accumulation by western financial institutions, ETF providers, and corporations (like MicroStrategy) adding bitcoin to their treasury.
In aggregate, this holder cohort drives trend & sentiment more than any other, so it's important to know their directional bias.
HOW IT'S CALCULATED
Premium / discount calculates the spread between Coinbase spot BTC price, and spot price on Binance + Bybit. Calculation is averaged hourly, with light exponential smoothing.
HOW WE USE THE SCRIPT
When assessing optimal moments to hedge exposure (or sell spot assets) near a presumed impending cycle top, awareness of institutional sentiment is a crucial variable. This script:
(a) Filters out unnecessarily early cycle exit signals (if Coinbase premium is still present)
(b) Confirms other metrics that indicate an impending cycle top (if the neutral to bearish institutional sentiment we'd expect to see is in effect), and
(c) Visualizes state changes (from bearish to bullish & vice versa), that often make for good swing entries & exits on lower timeframes.
OPTIMIZED FOR CLARITY
Coinbase Premium can whipsaw quickly, with dramatic state changes over relatively brief periods, unnecessarily complicating its use (for our purposes).
To mitigate whipsaws, the script (a) averages premium/discount on an hourly basis, and (b) introduces lightweight exponential smoothing, to further simplify/clarify state.
WHY IT MATTERS
Spot Coinbase premium is a strong proxy for bullish institutional sentiment and net inflows/accumulation by western financial institutions, ETF providers, and corporations (like MicroStrategy) adding bitcoin to their treasury.
In aggregate, this holder cohort drives trend & sentiment more than any other, so it's important to know their directional bias.
HOW IT'S CALCULATED
Premium / discount calculates the spread between Coinbase spot BTC price, and spot price on Binance + Bybit. Calculation is averaged hourly, with light exponential smoothing.
HOW WE USE THE SCRIPT
When assessing optimal moments to hedge exposure (or sell spot assets) near a presumed impending cycle top, awareness of institutional sentiment is a crucial variable. This script:
(a) Filters out unnecessarily early cycle exit signals (if Coinbase premium is still present)
(b) Confirms other metrics that indicate an impending cycle top (if the neutral to bearish institutional sentiment we'd expect to see is in effect), and
(c) Visualizes state changes (from bearish to bullish & vice versa), that often make for good swing entries & exits on lower timeframes.
릴리즈 노트
Minor update, does not affect output.오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
Access to Cartelscope is available at alchemicalintel.com/cartelscope
Access to all other private scripts comes included with purchase of the Bull Market Top Playbook at alchemicalintel.com
Access to all other private scripts comes included with purchase of the Bull Market Top Playbook at alchemicalintel.com
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
Access to Cartelscope is available at alchemicalintel.com/cartelscope
Access to all other private scripts comes included with purchase of the Bull Market Top Playbook at alchemicalintel.com
Access to all other private scripts comes included with purchase of the Bull Market Top Playbook at alchemicalintel.com
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.