From a historical perspective, the Pi Cycle Top indicator effectively selects the time of the market cycle high point within 3 days. It uses the 111-day Moving Average (111DMA) and the newly created multiple 350DMA x 2 of the 350-day Moving Average (the multiple is the price value of 350DMA, not the number of days) threshold: current price ≥ $149,567 may be close to the top. Current value: $89,913 Judgment: far below the threshold, indicating that it is not yet at the peak of the bull market and is still in the upward phase. Puell Multiple (Puell Multiple) Definition: The ratio of daily miner income to the 365-day average, reflecting miner selling pressure. The specific calculation method is ( daily miner income / 365-day moving average miner income). Threshold: ≥ 2.2 may be close to the top. Current value: 1.05 Judgment: The current value is below the threshold, the selling pressure of miners is low, and the indicator shows that the current market is still in a bull market. Rainbow Chart ( Definition: Based on logarithmic regression, the Bitcoin price range is divided into levels 1-9, with 9 being extremely overvalued. Threshold: ≥ 5 may be close to the top. Current value: 3 Judgment: in the middle to low range, indicating that the market is not overheated and is still within a reasonable range of a bull market.
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#PI走势分析 PI period indicator
From a historical perspective, the Pi Cycle Top indicator effectively selects the time of the market cycle high point within 3 days. It uses the 111-day Moving Average (111DMA) and the newly created multiple 350DMA x 2 of the 350-day Moving Average (the multiple is the price value of 350DMA, not the number of days) threshold: current price ≥ $149,567 may be close to the top. Current value: $89,913 Judgment: far below the threshold, indicating that it is not yet at the peak of the bull market and is still in the upward phase.
Puell Multiple (Puell Multiple)
Definition: The ratio of daily miner income to the 365-day average, reflecting miner selling pressure. The specific calculation method is ( daily miner income / 365-day moving average miner income).
Threshold: ≥ 2.2 may be close to the top.
Current value: 1.05
Judgment: The current value is below the threshold, the selling pressure of miners is low, and the indicator shows that the current market is still in a bull market.
Rainbow Chart (
Definition: Based on logarithmic regression, the Bitcoin price range is divided into levels 1-9, with 9 being extremely overvalued.
Threshold: ≥ 5 may be close to the top.
Current value: 3 Judgment: in the middle to low range, indicating that the market is not overheated and is still within a reasonable range of a bull market.