I think this indicator is more than useful in terms of its r...

I think this indicator is more than useful in terms of its reasonability. This indicator takes ratio of total market capitalization over GDP plus total asset of Federal Reserve Banks. This can compare the "real" economy production situation with the digital economy and understand the valuation of digital market. If the indicator shows the current market is significantly overvalued like stock market today, we will then start to be cautious about the risk of market downturns. Thus, we can take relative reactions to it to avoid risk in this volatile and overly optimistic market.