ETH Z-Pulse | QuantumResearch

15 mag

ETH Z-Pulse | QuantumResearch

📉 Ethereum On-Chain Z-Score Composite for Trend Detection

ETH Z-Pulse is a custom on-chain valuation indicator developed by QuantumResearch, designed to identify key trend shifts in Ethereum based on three powerful on-chain metrics: NUPL, SOPR, and MVRV. It computes a composite Z-Score signal to detect statistically significant bullish or bearish phases in the market.

🔍 Core Components:

📈 NUPL Z-Score — Measures Unrealized Profit/Loss using Glassnode’s Market Cap vs. Realized Cap
📊 SOPR Z-Score — Spent Output Profit Ratio smoothed with an EMA filter
📉 MVRV Z-Score — Market Value to Realized Value comparison for Ethereum

The result is a single composite oscillator (On_chainz) that dynamically signals trend strength and valuation extremes.

⚙️ Signal Logic:

Bullish (Long Bias): When the composite Z-Score > +0.83
Bearish (Short Bias): When the Z-Score < -0.58
Neutral Zone: Values between thresholds (continuous signal)

Color-coded plots and chart bars visually highlight trend shifts and help distinguish accumulation vs. distribution phases.

🧠 Use Case:
Ideal for:

Long-term investors looking to assess ETH valuation cycles
Swing traders seeking macro trend confirmation
Analysts comparing on-chain signals with technical setups

📌 Technical Notes:
Requires on-chain data feeds from Glassnode and CoinMetrics
Designed specifically for Ethereum (ETH) on daily timeframe
Customizable Z-Score lengths for fine-tuning
Non-overlay indicator

⚠️ Disclaimer:

This tool is for educational and research purposes only.
Past performance is not indicative of future results.
On-chain metrics are probabilistic, not predictive. Always combine with other forms of analysis and risk management.
Not financial advice.

28 mag

Note di rilascio

Added background color for OB and OS