The idea behind this chart is to give a snapshot of the market breadth for the entire crypto market at a glance. It uses the perpetual index futures on the FTX exchange to compare Bitcoin to Ethereum, the ALT index, the Midcap index,and the SHIT index.
This particular chart is using a Weekly interval and uses the March 2020 lows as it's anchor point (adjust scale if necessary). It's clear to see that while Bitcoin has been grabbing most of the headlines, the SHITCOIN index is in the driver's seat (help.ftx.com/hc/en-us/articles/360027668812-Index-Calculation).
This particular chart is using a Weekly interval and uses the March 2020 lows as it's anchor point (adjust scale if necessary). It's clear to see that while Bitcoin has been grabbing most of the headlines, the SHITCOIN index is in the driver's seat (help.ftx.com/hc/en-us/articles/360027668812-Index-Calculation).
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.