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Pricing Models

RHODL Ratio

What Is RHODL Ratio?

Realised HODL Ratio — compares the realised value of 1-week-old coins to 1-2 year-old coins. Measures the ratio between speculative and conviction capital in the market.

How to Interpret

High RHODL values indicate speculative frenzy and potential cycle tops. Low values indicate long-term holder dominance and potential cycle bottoms.

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More Pricing Models Metrics

Monetary Premium

Measures the premium that the market places on Bitcoin above its utility value (transaction volume). A high monetary premium indicates strong store-of-value demand.

MVRV Ratio

Market Value to Realised Value — the ratio between Bitcoin's market cap and its realised cap. Measures whether Bitcoin is overvalued or undervalued relative to the aggregate cost basis of all holders.

Mayer Multiple

The ratio of Bitcoin's price to its 200-day moving average. Created by Trace Mayer. A simple but effective measure of whether Bitcoin is overextended or undervalued relative to its longer-term trend.

Euphoria Zone

A composite indicator combining multiple pricing models to identify when Bitcoin has entered an unsustainably euphoric phase. Triggers when multiple independent models simultaneously signal overvaluation.

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