METHODOLOGY
DATA SOURCES
Network activity (transaction counts, TPS) comes from public Hedera mirror nodes for mainnet and testnet. HBAR prices come from public exchange feeds (Coinbase, Kraken, Binance.US, OKX), combined into a median composite. Data is stored in 5-minute snapshots. Feeds can lag, drop out or report errors, and historical backfilled values may be incomplete.
TREND & CORRELATION
Trends are log-linear regressions over the trailing 4 hours. Correlation (ρ) is the Pearson correlation between 5-minute log returns of activity and price, with rolling and lead/lag variants. Why: they show whether activity and price have recently moved together. Risk: correlation is not causation, and relationships shift or vanish without warning.
CONFIDENCE CONES
Cones project a log-normal random walk 2 hours ahead. Price drift is modeled as α + β × expected activity growth; width blends residual noise with activity-driven variance, scaled by EWMA (λ = 0.94) volatility so it reacts to calm and stormy periods. Inner band ≈ 68%, outer ≈ 95%. Risk: crypto returns have fat tails, so moves outside the 95% band happen far more often than 5% of the time.
ANOMALY SHAVING
Optional. Activity spikes with a median-based (MAD) z-score above a threshold are clipped before fitting trends; raw data still sets volatility. Why: single spam bursts can distort trends. Risk: genuine events can be smoothed away. Charts are tagged NORMALIZED when active.
MARKET REGIME
Automatic label. HIGH-VOL when short-term EWMA volatility exceeds 1.5× its 8-hour average; TREND when the 4-hour price fit has R² above 0.5; otherwise RANGING. Risk: labels are backward-looking and can flip quickly.
VWAP
Optional overlay. Volume-weighted average price over the visible window with ±1σ/±2σ bands. Per-block trading volume is not stored, so weights use rolling 24h volume; treat it as an approximation.
BREAKOUT ALERTS
TPS alerts fire above the prior 24h 95th percentile. Price and activity breakouts require two consecutive 5-minute blocks outside the 95% cone in the same direction; price breakouts also require network activity above its 24h median. Risk: alerts are descriptive, can be late, and can still be false.
NEWS & SENTIMENT
Headlines and sentiment tags are gathered and classified by AI. They can be inaccurate, incomplete or mislabeled. Always read the original source.