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# Free On-Chain Starter Guide | The Markets Unplugged
- URL: https://www.themarketsunplugged.com/lp/onchain-starter/
- Published: 2026-05-21T14:01:43.000Z
- Updated: 2026-05-24T11:36:04.000Z
- Author: Oz
- Tags: #lead-magnet

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The Markets Unplugged

Free on-chain guide

# 5 of the 27 on-chain signals inside our *Bitcoin Barometer* free.

The Bitcoin Barometer is our in-house composite of 27 on-chain metrics, scored weekly. Doc walks you through the 5 most important signals: MVRV, LTH SOPR, Exchange Netflow, Mayer Multiple, LTH behaviour and what they mean right now.

Dr

Doc

Bitcoin on-chain analyst. Creator of the Bitcoin Barometer (27-metric weekly composite) and the Alt Sector Radar. Identified multiple 30 to 50x projects in the 2018 to 2022 cycle.

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Five indicators Doc checks first

MVRV

Market value to realised value. Tells you whether Bitcoin is cheap or expensive relative to what holders actually paid.

LTH SOPR

Long-term holder spent output profit ratio. When LTHs are selling into profit it signals distribution. When they stop, accumulation is likely resuming.

Exchange netflow

Net BTC moving onto or off exchanges. Outflows signal accumulation. Inflows signal distribution.

Mayer Multiple

Bitcoin price divided by the 200-day moving average. Historically, readings below 1.0 mark deep value zones and readings above 2.4 mark overheated markets.

Holder behaviour

Long-term holder supply changes show whether smart money is accumulating or distributing at current prices.

Paid members get the full **Alt Sector Radar** tracking 60 coins across 6 sectors and the **Bitcoin Barometer** with 27 on-chain metrics scored weekly.

**Free guide + live indicator hub.** The five signals and where to track them. No credit card.

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