Glossary

Plain explanations of the terms the terminal uses. What each number is, what it tells you — and what it does not.

• What is a funding rate?Why perpetuals need funding, who pays whom, and what a high rate actually tells you.
• What is open interest?How it differs from volume, and what rising or falling OI means next to price.
• How do liquidations work?What triggers a forced close, why cascades form, and what liquidation clusters are.
• What is CVD (cumulative volume delta)?Aggressive buying minus aggressive selling — and what divergence from price means.
• Market structure: CHoCH and BOSHow highs and lows define trend, and what a break of structure actually means.
• What is a liquidity sweep?Why stops cluster beyond obvious levels, and how a sweep differs from a real break.
• Support and resistanceWhy levels are zones rather than lines, and why they work at all.
• What is a perpetual future?How they differ from ordinary futures, and what keeps their price near spot.
• Leverage and marginWhat leverage actually changes, and why high leverage fails on noise.
• What is RSI?What the number measures, and why 70 and 30 are not signals.
• What is VWAP?Why the average price weighted by volume says more than a plain average.
• What is MACD?What the line, signal and histogram measure, and why crossovers are late.
• Moving averagesEMA versus SMA, what the 20/50/200 stack says, and why crossovers lag.
• What is ATR?How much a coin moves per candle, and how that sizes a stop.
• Volume profile and POCVolume by price rather than by time: POC, value area, and why they matter.
• Order book imbalance and wallsWhat the bid/ask ratio measures, and why a big wall is not support.
• The Fear and Greed IndexWhat goes into the number, and why only the extremes say anything.
• Long/short ratioAccounts versus size, why top traders differ from the crowd, and the limits.
• Fibonacci levels and pivot pointsComputed levels: how they are drawn, and why they work at all.
• Candlestick patternsWhat wicks and bodies record, and why location matters more than the shape.
• Spread and slippageThe costs that never appear on the fee schedule.
• Multi-timeframe analysisWhy the same coin trends up and down at once, and what that tells you.
• Market phasesWhere the coin is in its cycle, and which setups that phase allows.
• Setup lifecycleFrom watching to confirmed: what each stage means and what readiness measures.
• Sonarcast strategies (S1-S7)The seven setup types the scanner looks for, and what each is built on.
• ConfluenceWhy four levels at one price beat one, and where the counting stops helping.
• BTC regime and altseasonWhy Bitcoin sets the weather, and when alts get room of their own.
• Order flow tools: tape, depth map, net flowTape, depth map and net flow: what is executing, not what is resting.