Markets / Glossary

Glossary

The vocabulary of the desk, defined in one or two sentences each.

Altcoin

Markets

Any cryptocurrency other than Bitcoin. Ethereum, Solana and BNB are large-cap altcoins.

ATH / ATL

Markets

All-time high / all-time low — the highest and lowest price an asset has ever traded at.

Bear market

Markets

A sustained downtrend, typically a drawdown of 20% or more from recent highs with negative sentiment.

Bull market

Markets

A sustained uptrend with rising prices and broadly optimistic sentiment.

Candlestick

Charts

A bar showing open, high, low and close for a time period. Body = open→close, wicks = high/low.

Dominance

Markets

One asset's share of total crypto market cap. Bitcoin dominance is a common risk-appetite gauge.

Fear & Greed Index

Sentiment

A 0–100 composite of volatility, momentum, social and dominance data. Low = fear, high = greed.

Funding rate

Derivatives

Periodic payment between long and short perpetual-futures holders that keeps the contract near spot.

Gas

On-chain

The fee paid to execute a transaction or contract on a network like Ethereum.

Halving

Bitcoin

A scheduled event every ~4 years that cuts the Bitcoin block reward in half, slowing new supply.

Hashrate

Mining

Total computing power securing a proof-of-work network, measured in hashes per second (e.g. EH/s).

Liquidation

Derivatives

Forced closure of a leveraged position when its margin can no longer cover losses.

Liquidity

Markets

How easily an asset can be bought or sold without moving its price. Deep order books = high liquidity.

Market cap

Markets

Price × circulating supply. A rough measure of an asset's size, not its cash value.

Open interest

Derivatives

Total value of outstanding derivative contracts. Rising OI with rising price signals new longs.

Resistance

Charts

A price zone where selling has repeatedly stalled advances.

SIP

Investing

Systematic Investment Plan — buying a fixed amount at fixed intervals regardless of price (dollar-cost averaging).

Slippage

Trading

The gap between the price you expected and the price you got, usually from thin liquidity.

Sparkline

Charts

A tiny, axis-free line chart that shows the shape of recent price action at a glance.

Stablecoin

Markets

A token pegged to a fiat currency such as USD (USDT, USDC, DAI).

Support

Charts

A price zone where buying has repeatedly halted declines.

TVL

DeFi

Total Value Locked — the value of assets deposited in a DeFi protocol.

Volume (24h)

Markets

Total value traded in the last 24 hours across tracked exchanges. Confirms or questions a move.

Whale

On-chain

A wallet large enough to move the market with a single order.