Metric name: Short-Term Holder Profit/Loss Ratio

Chart:

API: https://chainmetrics.com/api/m34_supply_sth_profit_loss_ratio?apikey=[YOUR-API-KEY-HERE]

Metric description: The ratio of the Short-Term Holder Supply in Profit and the Short-Term Holder Supply in Loss. Similar to SOPR, it detects local bottoms in bull markets and local tops in bear markets.