Glassnode: Proximity-Weighted CBD Maps Support Levels
Glassnode details how Proximity-Weighted Cost Basis converts Cost Basis Distributions into quantifiable support and resistance signals while extending MVRV and NUPL metrics to current price action.
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Glassnode shows how Proximity-Weighted Cost Basis turns Cost Basis Distributions into measurable support and resistance zones. The method refines valuation tools such as MVRV and NUPL by weighting cohorts according to their proximity to spot price.
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@glassnodeWorld leading onchain & financial metrics, charts, data & insights for #Bitcoin & digital assets.