Thank you for attending the lecture in Steemit-Crypto-Academy Season 4 & doing the homework Task-5

Let's suppose there is an Asset named A which is having a Max supply of 100 however 30 coins are locked from the time of its creation to the team. Rest coins are spent as per the below sheet-

How about a real example by exploring spent output and unspent output from the Block Explorer?

In the above example, you have mentioned "nos of UTXO", but what is the quality of coins that each UTXO contains??

Please note that there is a difference between supply and UTXO. So you should also indicate the supply with respect to each UTXO.

we may see the Bottom for the cycle and Reversal in the current trend this is exactly what happened in March 2018.

But always remember to ensure that a Bottom is in place, the RUPL reading must sustain above 0.

Currently, the value of RUPL is laying in Optism Phase which can be also interpreted as the indecision phase.

The optimism phase is not an indecision phase, and always remember RUPL is for long-term use, so from that perspective, BTC is perfectly bullish, hence the name Optimism Phase.

MVRV, RUPL, SOPR all are the On-Chain metrics tool that helps us to Analyze any UTXO like BTC, LTC etc based asset for the long term basis. It helps us to predict the future price momentum also represents the performance of the currency over years.

All three indicators help us to predict a top or bottom but in a different way, and different time-frame.

Observation/Suggestion/Feedback:-

• The author has demonstrated & analyzed the on-chain metrics wrt price action of BTC. But it lacks clarity and has few inconsistencies.
• The author has used Glassnode to analyze the price trend in BTC wrt various on-chain metrics viz RUPL, SOPR, etc.
• Practical example using Block Explorer to explain the realized cap would have done justice to this Task. Particularly you should explore an unspent output and spent output and their date and should calculate the SOPR.
• Better Quality of Analysis is needed to portray a comprehensive understanding of the subject.
• One round of proof-reading is still required.
• The screenshot of the excel sheet/spreadsheet is too small to read.

Thank you.

Homework Task -5 successfully accomplished
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