Market Indicator

Market Indicator 📈

The Market Indicator provides "Bullish" and "Bearish" signals on the entire crypto market based on market conditions and trend analysis. The indicator helps traders understand the current market sentiment and make informed decisions. It offers insights into the overall performance of the crypto industry.

Parameters: START_DATE, END_DATE

Datapoints:

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DATE

The date of the record.

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LAST_TM_GRADE_SIGNAL

Provides the most recent Token Metrics Market Indicator signal, with 1 indicating bullish (crypto market value expected to rise) and -1 indicating bearish (crypto market value expected to fall). This can be interpreted as the current cycle of the crypto market.

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TOTAL_CRYPTO_MCAP"

The total market capitalization of the whole crypto industry.

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TM_GRADE_SIGNAL

The current signal of our indicator (1 for bullish, -1 for bearish, 0 for no indication).

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TM_GRADE_PERC_HIGH_COINS

The ratio of high TM Trader Grades compared to all TM Grades.

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Visualize on Token Metrics Application:

On the Token Metrics Market Landing Page,, you can see whether we are in a Bullish or Bearish market.

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Example Use Case:

This is a quick overview that a trader can pull from the Token Metrics API to determine the overall direction of the market.