How TIDE is computed
TIDE is a single 0→1 reading of where the market sits in its cycle, built only from free, public data (CoinMetrics community). No paid feeds, no black box.
- MVRV‑Z — market cap minus realized cap, divided by the expanding point‑in‑time standard deviation of market cap. Low = price near the market's average cost basis (historically bottoms).
- Mayer Multiple — price divided by its 200‑day moving average. Low = depressed, high = overheated.
Each is normalized to 0→1 over a fixed, sane band and averaged. It is point‑in‑time (no lookahead). Zones: Deep Value · Accumulation · Neutral · Distribution · Euphoria.
Transparency is the point: you can see exactly what drives the number. It describes historical patterns; it does not predict the future. Not financial advice.