STH-MVRV Bollinger Bands
STH-MVRV with Bollinger bands ±2σ rolling 20 days - tactical entry/exit indications based on statistical envelope breakouts. Industry-standard volatility-adjusted thresholds.
What is it?
STH-MVRV Bollinger applies the classic Bollinger Bands statistical envelope (±2 standard deviations on a rolling 20-day window) to the STH-MVRV ratio. This standard technical analysis technique, adapted to on-chain analysis, provides upper (dynamic resistance) and lower (dynamic support) bands that automatically adjust to recent volatility. Three lines rendered: raw STH-MVRV (primary), upper band +2σ (secondary), lower band -2σ (tertiary). The central 20-day moving average is computed but not rendered (implicit by band symmetry).
How to read
Vertical axis in ratio value (typically 0.8 to 1.4 for the STH cohort). Three overlaid curves: the raw STH-MVRV value oscillates between the two ±2σ bands which form a dynamic envelope. Expected statistical inclusion: about 95% of the time, STH-MVRV stays between the bands (normal distribution statistical property). Envelope breakouts (~5% of the time) are the tactical indications: upper breakout = STH-MVRV statistically elevated tactically, lower breakout = STH-MVRV statistically low tactically.
Key zones
Three classic institutional patterns. (1) Bollinger Squeeze: band compression (low volatility), often a precursor to a marked directional move. (2) Bollinger Expansion: band widening (high volatility), confirming an ongoing directional regime. (3) Walking the band: STH-MVRV repeatedly touches a band without durably crossing it, strong unidirectional trend indication. Envelope exits beyond ±2σ bands are rare but statistically correcting.
What to observe
Watch Bollinger Squeezes (durable band compression) which often indicate marked post-consolidation directional moves. Also watch repeated band touches without durable break (Walking the Band) confirming a strong trending regime. Complete envelope exits (beyond ±2σ) are rare (5% statistical) and typically correct toward the 20-day mean in following days - mean-reverting tactical opportunities.
Historical context
Bollinger Bands were developed by John Bollinger in 1987 for technical stock analysis. Their application to on-chain analysis is more recent and uses the same canonical parameters (20-day window, ±2σ). With the STH cohort being most volatile, its Bollinger Bands provide a more active tactical indication than those of a structural metric (such as global MVRV or LTH).
Expert notes
Multi-line wrapper with 3 series rendered frontend (raw STH-MVRV + upper band + lower band). The central 20-day moving average is backend-computed but not yet rendered (seriesLabels schema limitation: primary+secondary+tertiary). Pattern inherited from classic Bollinger Trading adapted on-chain. Short-term tactical indicator - not a macro structural indication. To use as complement to STH-MVRV Z-Score (which measures 2-year statistical deviation, longer horizon).
Common mistakes to avoid
Bollinger bands are NOT absolute supports/resistances - they are dynamic statistical envelopes. A band touch is not an automatic reversal indication: in strong trending regime, STH-MVRV can Walk the Band for weeks. And 95% inclusion is statistical: envelope exits happen 5% of the time by construction, not by anomaly. To use as a probability tool, not a deterministic oracle.
Programmatic access
REST API
curl -sS \
'https://api.trinityinsights.io/api/v1/onchain/sth-mvrv-bollinger/history?days=90' \
-H 'X-API-Key: $TRINITY_API_KEY'MCP server
{
"tool": "get_chart_value",
"metric_id": "sth-mvrv-bollinger",
"timeframe": "1y"
}Required tier: pro. See the pricing grid for the tier list and the MCP documentation for multi-client configuration.
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Institutional disclaimer
Trinity Insights is an educational and analytical tool. The metric above does not constitute investment advice. Trinity Insights is not a Crypto-Asset Service Provider (CASP) registered under MiCA Regulation (EU) 2023/1114. See the full disclaimer.