Net Unrealized Profit/Loss (NUPL)

NUPL

30 days
Historical context

The Net Unrealized Profit/Loss (NUPL) metric measures overall investor sentiment by comparing the current value of assets held with their purchase price. It indicates whether the market is in profit or loss overall.

In clear: NUPL shows the difference between the current value of cryptocurrencies held and their initial purchase price. If the NUPL is positive, it means people are in profit. If it's negative, people are in loss.
Why it's important:
  • Market sentiment: NUPL reveals investors' general sentiment and state of mind, providing clues to market cycle phases.
  • Cycle analysis: It helps to identify periods of capitulation, optimism or euphoria, enabling the detection of buying opportunities or signs of market overheating.
Tip: Keep an eye on the different NUPL zones to gauge market sentiment :

Capitulation (< 0%):Signals extreme fear and massive selling. May indicate a potential turning point.

Hope / Fear (0% - 25%):Zone of uncertainty, useful for detecting early signs of changing sentiment.

Optimism / Anxiety (25% - 50%):Indicates growing confidence, but with necessary vigilance to avoid risks.

Belief / Denial (50% - 75%):Marks a strong bullish trend, to be watched for signs of overvaluation.

Euphoria / Greed (75% - 100%):Alerts to potential market overheating, often preceding a reversal.

Theme
Allows you to choose a light or dark display theme, depending on your viewing preferences.
Mode
Allows you to switch between the Lite and Advanced modes of the application. Lite mode simplifies the display of certain functions, especially for beginners. Advanced mode, by default, lets you use the full capabilities of the platform.
Animations
Allows you to choose whether or not to display certain application animations, in particular to disable animated backgrounds for better readability if necessary.