Cryotocurrencies

Screening Filters

1. Market Cap (Minimum: $1,000,000,000):

   • Purpose: To focus on cryptocurrencies with a significant market capitalization.
   • Rationale: Cryptocurrencies with a market cap above $1 billion are generally more established, less volatile, and have higher liquidity compared to smaller-cap assets. This ensures the user is trading in a more stable and reliable market.

2. Turnover 24h (Minimum: $100,000,000):

   • Purpose: To filter cryptocurrencies with high trading activity in the last 24 hours.
   • Rationale: High turnover indicates strong market interest and liquidity, which are essential for active trading. This ensures the user can enter and exit positions more easily without significant price slippage.

3. Price Change Percentage 24h (Minimum: 0%):

   • Purpose: To include cryptocurrencies that have shown positive price movement in the last 24 hours.
   • Rationale: Positive price movement suggests upward momentum, which may indicate growing interest or bullish sentiment in the market. This aligns with the user's interest in trading opportunities.

4. Relative Volume (Minimum: 1.5):

   • Purpose: To identify cryptocurrencies with trading volumes significantly higher than their average.
   • Rationale: A relative volume above 1.5 indicates that the asset is experiencing heightened trading activity compared to its historical norm. This often signals increased interest or news-driven events, which can create trading opportunities.

Why Results Match:

• The filters collectively focus on cryptocurrencies that are liquid, actively traded, and showing positive momentum, which are key characteristics for identifying viable trading opportunities.
• By targeting large-cap cryptocurrencies with high turnover and relative volume, the results are more likely to include assets that are suitable for short-term trading while minimizing the risks associated with illiquid or highly speculative assets.