Hi Friends-
I continue building out a suite of dashboards in Google Sheets- this time for ETH.
As a long term HODLR, I like to add to my position during times of stress. The dashboard below provides a quick glance at a variety of tools to help take the emotion out of the decision making. Given the strength of the market right now, it's hard to imagine things getting cheap anytime soon but it wouldn't be completely without precedent. The histogram on the bottom right shows that -14% to -18% daily moves are definitely possible.
The ETH recovery is also a handy tool. Here I looked at the low points of prior cycles and track their recoveries. You can see we've recovered much quicker this time around from the lows put in this summer.
Lastly, my favorite by far is the StraVal analysis. You could compare it to RSI as its an oscillator but it looks at an assets risk adjusted performance relative to its own history. I've found this tool to be far more accurate than RSI in determining when things are getting overbought or oversold. You can see below we are slightly north of neutral at this point.
The other tools are pretty self explanatory. In summary- while i love ETH long term, I'm not adding at the moment. While things are calm, I'm building out dashboards across my entire portfolio to help make cross-asset decisions when volatility finally hits.
As always, this is not investment advice so please do your own research!
