Market Pulse: how many coins trend up or down
Market Pulse shows how many of the top 50 USDT pairs have an Up trend and how many have a Down trend, on the 1D and 4H charts. It counts trend structure in those pairs, not daily price moves, and it does not describe the whole market; the share is taken among the pairs with a defined trend.
What it is
A single pair shows one corner of the market. Market Pulse zooms out: it counts how many of the biggest pairs currently read Up and how many read Down, and turns the counts into one state per timeframe. It is Cryptokly's own measurement, built from the same trend word you see on every analysis.
How we compute it
The universe is the 50 spot USDT pairs with the highest 24-hour trading volume, picked again at every run. Stablecoins, wrapped or pegged tokens, leveraged tokens and tokenized stocks are left out before the top 50 is taken.
The engine reads only the trend of each pair, Up, Neutral or Down, on the 1D chart and on the 4H chart. A chart that is too short or has too few swings counts as unavailable and leaves the total, so the eligible count is 50 minus the unavailable ones. Neutral pairs appear in the counts but not in the share.
The state comes from the pairs that have a direction. If Up is at least 60% of them the state is Mostly up. If Down is at least 60% it is Mostly down. Anything else is Mixed. With fewer than 35 eligible pairs the state is Partial and shows how many pairs it covers, and with fewer than 25 it is Unavailable. The centre value and the needle show Up divided by Up plus Down.
A worked example with illustrative numbers: 13 pairs Up, 29 Down and 8 Neutral. Directional pairs total 42, and 29 of 42 is about 69%, so the 1D state is Mostly down.
Live example
Counts trend structure in the 50 largest USDT pairs on each timeframe, not daily price moves. The share is among the pairs with a defined trend (up or down). Mostly = 60% of up + down or more on one side.
The gauges above come from the latest Market Pulse run, the same one the home page and the live page show.
How to read it
Each timeframe has its own state. 1D describes the broader market and 4H the nearer one, so they can differ. Mostly up and Mostly down use the same state colours as the trend words, and Mixed means neither side reached 60%.
The pulse is recalculated shortly after each 4H close and after the daily close at 00:00 UTC. If a run is more than two cycles old the timeframe shows as unavailable. You will find the pulse on the home page, on the live page of a crypto pair and in Today's analyses.
Common mistakes
- Reading it as a forecast. It counts trends that already exist and says nothing about what comes next.
- Applying the market state to one coin. A coin can trend Down inside a Mostly up market, so check the pair's own tiles.
- Ignoring the counts. A state built on few eligible pairs carries less weight, which is why Partial shows its coverage.
- Forgetting the risk. Crypto trading carries a real risk of losing money, up to the whole amount invested, and nothing here is financial advice.
Questions
Why the top 50 by volume?
The most traded pairs carry most of the market's trading activity, so they give a broad picture.
Why are Neutral pairs not in the share?
A Neutral pair has no direction to count. They remain visible in the counts line so the numbers add up.
Why 60%?
It marks a clear majority. Below it neither side leads clearly and the state reads Mixed.