The 1-month RHODL ratio is a market indicator that indicates how much money has entered the bitcoin market in the last month.

It takes the ratio of the HODL bands of the realized market capitalization to the price at which bitcoin was purchased, over a month.

When the RHODL ratio starts to approach the red band, it can indicate that the market is overheating, although over time the peaks have been decreasing in height.

Historically, this has been a good time for investors to take profits in each cycle.

Created by Philip Swift @positivecrypto