The On-Chain Macro Regime Indicator is a composite tool designed to evaluate Bitcoin market conditions by synthesizing RHODL Ratio data with Long-Term Holder (LTH) net position changes. The indicator functions by processing these two core metrics into normalized probabilities via Z-score transformations, reflecting how current values deviate from their historical norms over a specified cycle window. The RHODL component aims to capture realized value dynamics, while the LTH Net Position Change component monitors supply distribution activity from long-term owners. These components are merged into a weighted composite score (Macro Regime Score), which is then smoothed to provide a unified metric representing the broader macro regime. By normalizing these disparate data sources into a probability-based output, the indicator provides a framework for analyzing how current on-chain behavior aligns with historical market patterns. Users can toggle the BTC Price Context overlay to view this regime score alongside logarithmic price action. Please note that this tool provides a structural view of on-chain data and does not constitute a predictive model or specific market advice.