Use this guide to choose the right tool for your question, understand what its numbers measure, and compare evidence without turning an indicator into a promise. Start with context, inspect participation, then check price, positioning and data quality. The tools describe captured markets; they do not see every trade or predict a guaranteed outcome.
Begin with a longer price range, daily ETF reports and the relevant On-Chain indicators. Stocks / Buffett adds a slow-moving US equity valuation comparison, not a Bitcoin entry signal. Note each source date: a daily report and a live trade cannot confirm the same second.
Compare spot and perpetual-futures activity on the Dashboard and asset pages. Spot share tells you how captured trading volume is divided between markets. Buy/sell pressure tells you which side initiated trades within each market. Neither identifies institutions, retail traders or a particular dealer.
Compare price with CVD and pressure, then OI, funding and captured liquidations. Do the same asset, venue set and time period tell a consistent story? Several indicators share inputs, so five agreeing displays are not five independent confirmations. Check Feeds and source timestamps before interpreting a sudden change.
Spot share = spot traded USD ÷ (spot + futures traded USD) × 100. Buy pressure = taker-buy USD ÷ (taker-buy + taker-sell USD) × 100 within the selected market. If spot trades $200m and futures $800m, spot share is 20%. Spot can still be 65% taker buying. A higher spot share is not automatically bullish.
In Spot/Futures distribution, Window is the lookback used for each point; History is how far back points are displayed. With 24h Window and 30d History, every point sums the preceding 24 hours across a month of observations. Neighboring rolling points overlap. A candle interval, a pressure bucket and a rolling lookback are different controls; always read the selected labels.
Volume measures turnover during a period; OI measures outstanding contracts at a point in time, counted once per contract with a long and a short. High turnover can leave OI flat. USD OI can change as price changes, even without more contracts. Notional exposure is not collateral, cash inflow or the amount of leverage used.
Totals aggregate supported feeds or provider coverage, not every exchange, OTC trade, instrument or wallet. Spot and futures may cover different venues and quote currencies. Reconnects, outages, historical backfill and FX conversion affect comparability. A percentage describes its displayed denominator, not global market share.
A genuine 50% pressure reading means balanced captured buy/sell turnover. Missing data, an empty history, a warming model or an invalid fit does not mean balance or zero activity. Dealer inventory and P* can be unavailable independently; read the stated reason rather than interpreting a hidden estimate as a neutral signal.
Trades, quotes, contract OI and blockchain transactions are observations. CVD and pressure are calculations from trades. Absorption interpretations, sentiment scores, liquidation levels and Dealer Delta are estimates or hypotheses. A futures buy can open a long or close a short; a wallet transfer can reorganize custody rather than sell coins.
Question: where is trading activity concentrated, and which takers are more aggressive?
The Dashboard compares BTC, ETH and SOL spot/perpetual flow. Asset pages expand exchange contributions. Read buy/sell percentages, traded USD, net delta in USD and price in USD over the selected window. These are aggregated executed trades, not orders waiting in the book or net money entering crypto. Long and short windows answer different questions; recent-only or capped venue history cannot represent a complete long window.
Open an exchange row to isolate a venue's supported assets and spot/perp feeds. Compare its USD volume and percentage pressure against the aggregate using the same window. Major-venue groupings are a viewing choice, not proof of smart-money identity. Check last activity and historical coverage: a connected socket can be quiet, and a venue omitted from a feed set cannot contribute to that total.
Question: is aggressive trading moving with price or being met by opposing liquidity? Price candles are USD; volume bars are traded USD; CVD accumulates taker-buy minus taker-sell USD from a starting point. Choose the asset, market and interval before comparing slopes. Changing the loaded start can change the CVD baseline. A divergence is a reason to investigate, not proof of a coming reversal. Coarser history and missing venue data limit detail.
Question: how does the share of aggressive buys change through time in spot versus futures? The oscillator uses a 0–100% buy-volume scale: 50% is balanced captured turnover, not a predicted flat price. Select a timeframe and compare like-for-like buckets. Short readings are noisy and deeper history can be coarser or incomplete. A futures buy percentage above 60% does not establish that new leveraged longs opened.
Question: how much of captured turnover is spot rather than derivatives? The Spot/Futures view shows USD volumes, spot/futures shares, a spot:futures ratio and coverage. History runs from 1d to 1y; Window offers 1h, 4h, 24h, 7d and Custom (5m–30d). The defaults are 30d history and a 24h rolling window. Each point uses the preceding window, not all displayed history. Missing history stays blank; shares and ratio are withheld below the required paired-bucket coverage. Differences can reflect venue coverage as well as participation.
Question: is outstanding derivatives exposure expanding or contracting? The OI page reports USD notional and changes by supported asset/venue, with selectable history and contract coverage. It is exchange-reported positioning, normalized into comparable units, not measured margin or trader intent. Live venue totals and historical provider coverage may differ; inspect the source and range. Price up + OI up is compatible with new positioning, but cannot identify who opened or whether they hedged elsewhere.
Question: what does it cost to hold a perpetual position, and how far is a derivative priced from its reference? Funding & Liqs shows aggregated funding as a percentage; positive funding usually means longs pay shorts, negative means the reverse. The futures arbitrage board adds basis/spread and annualized carry comparisons. Distinguish per-settlement funding, chart sampling interval and % per year: they are not interchangeable. Predicted funding and annualized carry are estimates, not guaranteed receipts; timing, venue rules and stale quotes matter.
Question: do sampled account or position ratios agree with taker activity? Global Account, Top Account and Top Position ratios report different populations as ratios and long/short percentages. They are not the market's total number of longs versus shorts. The sentiment summary combines inputs and is a model-derived score. Provider gaps and capped history are shown; not every venue or asset supplies every ratio. Compare the same ratio family and time range rather than treating all three as equivalent.
Question: where have forced closes occurred, and where might modeled exposure be vulnerable? Funding & Liqs reports provider liquidation history in USD. The liquidation heatmap's model views estimate levels from candles and OI assumptions; color is modeled concentration, not disclosed stop orders or known trader positions. Its Live view uses captured OKX/Bybit events and limited accumulated history, not the same whole-provider total. Check model/live mode, asset, range and source before comparing totals; an empty live map after a restart is not proof of no liquidations.
Question: where are visible bids and asks resting now? The liquidity map samples supported live order books, showing bid/ask USD depth around price and distance in percent. Its session-built history differs from long-range candle history. Displayed orders can cancel or move before execution; depth is not traded volume, hidden liquidity or guaranteed support/resistance. Check connected venues and stale book state.
Question: which assets and groups are moving together? Market-cap-sized tiles and percentage-change colors summarize provider snapshots, not buy pressure. Sector and category views include themes such as RWA; group memberships may overlap. Read the selected performance period and size metric, refresh status and provider coverage. Embedded market views have their own source and delay rules.
Question: is price responding less than expected to aggressive buying or selling? Compare USD price with cumulative taker delta in USD, choosing spot, perp or combined and a range from 1h to 1M. Perp is the default. Price/flow disagreement can suggest absorption, but this chart does not measure a particular passive order or identify its owner. CVD is re-chained from loaded bars; historical granularity and the participating venue set affect the picture.
Question: what residual dealer exposure is consistent with the observed flow under this model? TMG Dealer Delta combines price, spot/perp taker flow, OI and available liquidation evidence. Inventory is estimated USD exposure relative to a baseline, not an audited market-maker position. Negative estimated dealer delta represents a modeled short residual against customer-long exposure. New leverage additions/releases require OI evidence; CVD alone cannot create or close the leverage ledger. Closed-minute model commits are separate from faster live price updates.
Gross absorption, estimated hedge matches and residual delta describe an interval; they are not interchangeable with cumulative inventory. Reconcile opening balance + ledger events = closing balance and read the baseline and coverage. P* is an implied USD price where estimated dealer hedging flow crosses zero under a sufficiently supported stabilizing fit, with an uncertainty band. It is not fair value or a guaranteed price magnet. Inventory, hedging evidence and P* can be unavailable for different reasons: missing/stale inputs, warmup, insufficient fit or economic bounds. Unavailable does not mean zero or neutral, and research sample statistics do not prove a trading edge.
Question: are reported fund subscriptions and redemptions positive or negative over days? Read net flows in USD (often displayed in millions), fund dates and cumulative totals, not second-by-second exchange pressure. Reports follow trading days and may be delayed or use a labeled snapshot. A blank report is not a zero-flow day. These reports are not a timestamped record of all ETF investors' trades or of a custodian buying on a specific exchange.
Question: which addresses are associated with a fund, and how strong is that evidence? The registry distinguishes verified, attributed and candidate addresses. BTC balances are observed on-chain for tracked addresses, not a complete audit of fund holdings; unattributed custody is missing. Ethereum fund entries are metadata-only where live balance coverage is unavailable. Behavioral clustering and Prime-related detections are hypotheses, not confirmed ownership or ETF inflows. Check evidence tier, chain and update date.
Question: what moved between the monitored Bitcoin addresses? Browse balances in BTC, USD equivalents and transaction details, noting confirmation and update status. Address ownership labels depend on attribution; a transfer to an exchange can be collateral or internal custody, not necessarily a sale. Explorer rate limits and incomplete address coverage constrain the view. Saving a personal watched wallet is an account action.
Question: how does current activity compare with network, valuation and derivatives history? The hub groups charts with their own sources, units and definitions: BTC balances, USD values, ratios, percentages and network measures are not interchangeable. Some are direct network observations, others transformed indicators or off-chain derivatives data. Daily valuation series are slow context; live-accruing series may have short history. Use each chart's source, last update, range and methodology rather than assuming the entire hub refreshes live.
Question: how large is the US equity market relative to the US economy?
The Buffett Indicator compares a US stock-market capitalization proxy with GDP, expressed as a percentage. It is a valuation comparison, not a live stock screener or a Bitcoin forecast. FRED source series have different release schedules; GDP is quarterly and the displayed daily denominator is interpolated. Read source dates, historical revisions and methodology. Valuation can remain elevated for years, so a high ratio does not specify when a market will fall.
Search verified stock-linked instruments, sort the market screener and switch between price candles, taker buy/sell USD, delta, CVD, pressure, absorption, open interest, hourly funding and oracle basis, current book depth, trade tape and coverage. These are stock-linked perpetuals on Hyperliquid XYZ, not the underlying stock-market tape. Provider OHLC and base volume can predate captured taker flow; they never create historical CVD. OI is outstanding notional, funding is percent per hour, and basis compares mark with the venue oracle, not a spot trade. Charts support historical inspection, zoom, reset and expansion; displayed data can be exported to CSV. Spot, account long/short ratios, liquidation history and dealer estimates remain unavailable rather than invented. CVD breaks at coverage gaps; positioning starts when collection begins. Exact-period browsing covers seven days.
Question: where do captured quotes differ enough to investigate? Compare venue prices, spreads in percent and modeled costs for the selected asset and capital size. Quotes are observations; executable profit after fees, slippage, transfers and FX is an estimate. Stale/outlier quotes, withdrawal restrictions, network fees and settlement delays can invalidate a displayed spread before either leg fills.
Question: how do funding, cross-perp spreads and spot/perp basis compare? The board separates these opportunity types with USD notional and percentage/annualized comparisons. A mark price is not a guaranteed execution price. Funding can reverse, leg fills can be unequal, and hedges can liquidate even when a headline spread looks favorable. Read the quote timestamp, funding interval, cost assumptions and venue coverage.
Trading manages connected exchange accounts, balances, positions and guarded manual orders. Automation manages configured strategies, legs, transfer approvals and controls. These are not passive indicators and can create real exposure when enabled. Sign-in, appropriate exchange permissions, order previews, size limits and kill-switch checks matter; estimated returns do not remove execution or custody risk.
Question: how are my manually entered holdings valued? Sign in to open Portfolio and add quantities and optional cost basis to see USD value, allocation %, 24h changes, P&L and a short trend. The editor is account-only; signed-out visitors see an account-required state, not a local portfolio editor. Quotes are provider snapshots, not executable bids; P&L depends on your input and is not a tax ledger or an automatically reconciled exchange balance.
Question: has a condition I selected been met? Account-backed alerts include price, flow, OI, carry and custody conditions. Units differ: USD price/flow, OI change %, annualized carry % and BTC transaction size. Read the condition and its evaluation window. Delivery depends on collector coverage, evaluation cadence and the relevant notification permission; alerts are not guaranteed execution or always-instant market warnings.
Question: which market view should I keep handy? Terminal is a public, browser-saved view where you can choose one asset and an independent rolling window from 1 minute through 365 days. No account is needed to browse or save those preferences in this browser. The separate Customize home editor is account-only for homepage widget layouts; signed-out visitors see an account-required state there. Public chart controls select views, timeframes and markets; theme and text-size controls improve reading. Saving personal layouts or annotations requires sign-in. Recheck saved filters when returning to a chart.
Question: is this move in the market, or in the data I am receiving?
Check the asset and spot/perp symbol coverage, venue connection state, last trade/update time and any stale, capped, recent-only or warming label. FX health matters for regional quote currencies. A connected feed is not proof of recent trades. Compare the source dates on ETF, network, derivatives and price data separately; the Feeds page cannot certify every external provider or model.
A changing venue set can move a percentage without comparable market activity. Missing historical buckets must not be read as zero volume. If a move appears just after a reconnect, compare unaffected venues and wait for adequate coverage before forming a hypothesis. These checks are part of analysis, not an optional troubleshooting step.
Illustrative numbers only—not live readings, trade recommendations or tested strategies.
Suppose daily ETF reports are positive, spot share rises from 20% to 30% on the same 24h window, spot CVD rises and spot pressure is 58%. If price also rises while OI is steady, observed spot activity supports one explanation for the move. It does not prove fresh institutional demand: futures turnover could simply have fallen, USD OI may be price-sensitive, and the reports are daily. Check absolute volumes, venue coverage and the next price response.
Suppose futures pressure is 65%, spot pressure 46%, OI rises and funding is strongly positive. This is consistent with derivatives-led aggression and potentially costly long exposure, not proof of new longs or an imminent crash. Compare CVD and basis on matching windows. A modeled liquidation band is only a scenario; captured events would be separate evidence. Persistent spot selling or a feed outage could each explain part of the disagreement.
Suppose price falls 3%, OI falls and reported long liquidations rise. Position closures are a plausible contributor, but OI alone cannot distinguish voluntary closes from liquidations. Flat price against continued sell CVD may suggest absorption; it does not guarantee a bottom. If Dealer Delta says Inventory Unavailable or P* has no valid fit, leave those signals out. Do not turn missing estimates into a neutral vote.
Learn articles, the glossary and Academy browsing are public. Market-data viewing is also public: the curated Dashboard, Terminal, Charts, Open Interest, full asset detail including its chart, On-Chain, ETF pages and registry, wallets/transactions, venue detail, Long/Short, Funding & Liqs, absorption, Dealer Delta, Heat Maps, the Buffett Indicator and arbitrage discovery boards. You do not need to sign in to browse these market views.
Optional personal actions require an account: saved alerts, watched wallets, Portfolio, the Customize home editor, saved layouts/annotations, saving Academy progress and earning certificates, and exchange trading/automation. Portfolio and Customize home show an account-required state when signed out; the public Terminal saves only browser-local viewing preferences. Viewing market data is different from authorizing an order or enabling a strategy.
This is a guide to the website as implemented, not a released public API or developer portal. Internal endpoints used by the site are not a promise of a supported public API product.
Keep these deeper references nearby as you explore the tools.
A practical workflow for agreement, disagreement and uncertainty.
Distinguish turnover, outstanding exposure and directional hypotheses.
Question: where can I study chart reading and risk management in a structured sequence?
The Academy organizes lessons into modules with quizzes, progress tracking and a completion certificate. Browse its lesson catalog for foundations, patterns, indicators and risk management; use this website guide to locate the live tools. Lessons are educational material, not live market data or validated trading instructions. An account is needed to save progress and access personal completion features.