How is on-chain analysis different from Technical and Fundamental Analysis?

TA looks at price charts (RSI, MACD, support/resistance). FA looks at project fundamentals (team, tokenomics, partnerships). On-chain analysis looks directly at the blockchain — wallet flows, holder behavior, whale activity. Combining all three leads to much more informed decisions than relying on just one.

What is NUPL and how do you read it?

NUPL (Net Unrealized Profit/Loss) measures the percentage of BTC supply in unrealized profit. The 0-25% zone represents capitulation/buy zone, 25-50% is hope/optimism, 50-75% is belief/conviction, and above 75% is euphoria/sell zone. Beginners should track NUPL weekly to know which phase of the cycle the market is in.

What are the 10 most important Glassnode metrics?

The list of 10: NUPL, MVRV Z-Score, SOPR, Exchange Flow, Whale Accumulation, Active Addresses, Hash Ribbon, Puell Multiple, LTH Supply, and Stablecoin Supply Ratio. The Glassnode free tier offers only 5-6 basic metrics — full insights require a paid plan ($39-99/month). Newer Vietnamese investors can start with CryptoQuant free instead of the pricier Glassnode.

Glassnode On-Chain Data: 10 Key Metrics 2026

On-Chain Data: A Guide to Reading the 10 Most Important Glassnode Metrics

Cập nhật: 14 tháng 5, 2026

A guide to reading the 10 key Glassnode on-chain metrics: NUPL, MVRV, SOPR, Exchange Flow... Understand the market through blockchain data instead of emotions, with practical applications for crypto investors in 2026.