Constructive participation
Structure supports exposure, although leadership remains selective.
CRYPTO · USDT market · live and completed market view
NIL
NIL is in constructive participation. Structure supports exposure, although leadership remains selective. Price is 18.0% from Trend and its liquidity rank is 143 of 482.
Current asset readConstructive participationStructure supports exposure, although leadership remains selective.
Live price
0.045370-2.05% current move
Market score
71/100100/100 data coverage
Relative leadership
86thuniverse percentile
Observed liquidity
3.4Mrank 143 of 482
Current setup
NIL has aligned leadership and support
Study a long-side continuation only while NIL holds its completed Trend and remains a relative leader versus BTC.
Setup to studyContinuation or a controlled pullback
What would confirm it?A completed close above 0.038454 with Relative Strength and Market Dynamics still positive.
What would invalidate itA completed loss of 0.038454 alongside weakening Market Dynamics.
RiskRealised variability is 163.7% and liquidity ranks 143 in the observed universe.
Five views of NIL
What is driving this market?
Each view answers a different question, so a fast live move is not confused with a completed change in direction.
Is price holding an established direction?
The black line is the completed daily close. The coloured Trend line shows whether the path is strengthening, weakening or between states.
Daily closeTrendActivityFair Value
ConstructiveTransitionDefensive
Is NIL leading or lagging BTC?
The relative line rises when this market performs better than the benchmark and falls when it performs worse.
NILBTCRelative path
How difficult has this market been to hold?
Drawdown shows the fall from a previous high. Variability shows how uneven the price path has been.
DrawdownRealised variability
Is the move gaining or losing speed?
Positive readings show upward momentum. Negative readings show downward momentum. A move back towards zero shows fading pressure.
Positive momentumNegative momentumNeutral
Can current movement be traded without unusual friction?
Visible depth shows available capacity. Spread shows immediate trading friction. They can change quickly and do not replace the completed price view.
Visible depthSpread
Is leverage expanding?
Funding and short-window open-interest change show whether leverage is becoming more demanding.
FundingOpen-interest change
Is forced flow distorting price?
Flow pressure and liquidations flag periods when immediate movement may be less dependable.
Capital pressureLiquidations
No separate live execution-quality reading is currently available. The current 24-hour move is -2.05%. It is an alert, not completed confirmation.
Price path+18.0% from Trend
Relative leadership+3.50 versus the market
Underlying supportMarket Dynamics +0.35
Live move-2.05%
Current asset read
What matters now
Supply-led
Live move is -2.05% with price at 25% of its observed range.
86th percentile
Relative performance is separated from absolute price direction.
-87.4% drawdown
Realised variability is 163.7% annualised.
Returns by period
Is the move lasting beyond one burst?
Returns over several periods show whether current leadership has persisted or depends on one recent move.
Session
-1.08%
7 days
-2.30%
30 days
28.32%
90 days
-39.17%
180 days
-2.63%
1 year
-
Strength and market rank
How convincing is the current move?
71asset score
Constructive participation
Structure supports exposure, although leadership remains selective.
100/100 data coverageRelative leadership86th
Underlying support27th
Liquidity rank143
Volume rank16th
Benchmark relationship
NIL versus BTC
Normalised paths and the relative line reveal whether asset-specific leadership is adding value beyond the crypto benchmark.
NIL pathBTC pathRelative path
Correlation0.14
Market beta0.92
Matched observations120
Path risk
Drawdown and realised variability
Capital impairment and path variability are shown together so return is never separated from the difficulty of achieving it.
DrawdownRealised variability
Momentum path
Rate of Change
This chart shows whether price movement is gaining speed, losing speed or changing direction.
Positive momentumNegative momentumNeutral
Short-term price path
Is the latest move holding?
Recent updates show whether price pressure is persisting between completed daily sessions.
Window move-2.79%24h observed window
Observed low0.043180
Observed high0.051460
Updates282recent snapshots
24h range position25%
Chart summary
The current tape in plain language
NIL closed the latest daily bar at 0.045860. Across the latest 12 available daily bars, price changed 30.62%. Trend Signal is 1, Relative Strength is 3.50, and Market Dynamics is 0.35. The progressive pricing window shows -2.79% over 24 hours. Live pricing is 0.045370 with a -2.05% 24h move.
Key chart points
Numbers to watch
Latest day2026-08-22
Daily close0.045860
Live price0.045370
24h change-2.05%
Trend Signal1
Relative Strength3.50
Market Dynamics0.35
Expectationnegative 36.84%
Progressive pricing-2.79% over 24h
Weekly view
The slower market picture
Weekly summaries test whether the daily read has durable support beyond the latest move.
| Week ending | Close | Weekly return | Relative Strength | Market Dynamics | Volume change | Read |
|---|---|---|---|---|---|---|
| 23 Aug 2026 | 0.045860 | -2.47% | 3.50 | 0.35 | -61.74% | NIL closed the week at 0.0459 with a positive Trend Signal. |
| 16 Aug 2026 | 0.047020 | 11.21% | 31.68 | 1.29 | 61.61% | NIL closed the week at 0.0470 with a positive Trend Signal. |
| 9 Aug 2026 | 0.042280 | 38.40% | 16.74 | 0.46 | -5.82% | NIL closed the week at 0.0423 with a mixed Trend Signal. |
| 2 Aug 2026 | 0.030550 | -19.48% | -15.32 | -0.92 | 471.00% | NIL closed the week at 0.0306 with a mixed Trend Signal. |
| 26 Jul 2026 | 0.037940 | 7.08% | -0.25 | 1.09 | 33.21% | NIL closed the week at 0.0379 with a positive Trend Signal. |
| 19 Jul 2026 | 0.035430 | 0.00% | -12.05 | 0.11 | -24.34% | NIL closed the week at 0.0354 with a mixed Trend Signal. |
| 12 Jul 2026 | 0.035430 | -5.72% | -17.40 | 0.69 | -32.15% | NIL closed the week at 0.0354 with a mixed Trend Signal. |
| 5 Jul 2026 | 0.037580 | 13.47% | -14.56 | 0.98 | 37.19% | NIL closed the week at 0.0376 with a mixed Trend Signal. |
| 28 Jun 2026 | 0.033120 | -13.03% | -21.87 | -0.72 | -59.21% | NIL closed the week at 0.0331 with a mixed Trend Signal. |
| 21 Jun 2026 | 0.038080 | -6.04% | -15.97 | 0.17 | -12.53% | NIL closed the week at 0.0381 with a mixed Trend Signal. |
| 14 Jun 2026 | 0.040530 | 3.52% | -12.18 | -0.83 | 7.64% | NIL closed the week at 0.0405 with a mixed Trend Signal. |
| 7 Jun 2026 | 0.039150 | -36.40% | -10.55 | -1.30 | -52.41% | NIL closed the week at 0.0392 with a mixed Trend Signal. |
How to use this page
Keep completed and live data separate
Completed daily data establishes the main direction. Live price, liquidity and short-term movement show what is happening now, but they do not replace the completed view or provide a forecast.