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The Bitcoin Choppiness Index is a technical indicator used to measure the market\“s trendiness or choppiness. It helps traders identify whether the market is trending or ranging, which is crucial for making informed trading decisions.
This index calculates the degree of price movement over a specified period, typically using a formula that involves the highest high and lowest low. A high value indicates a choppy, range-bound market, while a low value suggests a strong trending market.
By applying the Bitcoin Choppiness Index, traders can adjust their strategies accordingly, such as avoiding trades during high choppiness periods to reduce risk. It is often used in conjunction with other indicators for better accuracy. |
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发表于 2025-10-27 22:32:18