{"key":"market-move-explanation","generated_at":1789408143.6073868,"calculated_at":1789408143.6073868,"updated":1789408143.6073868,"source_observed_at":1789408143.6073868,"observation_start":null,"observation_end":null,"temporal_start":null,"temporal_end":null,"source_interval":"live","calculation_refresh_seconds":300,"source_refresh_seconds":300,"refresh_seconds":300,"stale":false,"source":"CoinNudge composite: Binance, Coinbase, Hyperliquid, OKX and MEXC","window":"15 minutes to 24 hours","limitation":"Observed market mechanisms are not proof of a single cause. News, OTC activity and unavailable venue flows can affect price without appearing here.","calculation_version":"cross-market-explanation-evidence-2.0","evidence_columns":[["dimension","Evidence layer"],["status","Availability"],["state","Current state"],["raw_value","Raw value"],["support_rule","Published rule"],["support_result","Classification result"],["current_evidence","What was observed"],["source_observed_at","Observed UTC"]],"metric_cards":[["8","separate evidence layers"],["3/5","supportive available checks"],["2","unavailable and excluded"],["+2.14%","BTC 24h move"]],"summary":{"answer":"Current evidence is best described as broad risk-on. BTC changed +2.14% over 24 hours while +56.7% of the liquid basket advanced. 3 of 5 available directional checks are supportive; 2 evidence layers are unavailable and excluded, never counted as negative. The table separates observed mechanisms and does not claim a verified news cause."},"items":[{"dimension":"Market participation","status":"available","state":"broad risk-on","raw_value":56.68789808917197,"support_rule":"Supportive when advancing share > 50%","support_result":"supporting","current_evidence":"+56.7% of the liquid basket advancing; median move +0.40%","source_observed_at":1789408143.6073868,"calculation_version":"cross-market-explanation-evidence-2.0"},{"dimension":"Binance active flow","status":"available","state":"aligned buying pressure","raw_value":16.88588130196709,"support_rule":"Supportive when 1h CVD > 0","support_result":"supporting","current_evidence":"BTC 1h CVD +16.89%; price +0.26%","source_observed_at":1789408143.6073868,"calculation_version":"cross-market-explanation-evidence-2.0"},{"dimension":"Coinbase spot flow","status":"available","state":"selling","raw_value":-1195612.7418717365,"support_rule":"Supportive when 15m net aggressive flow > 0","support_result":"not supporting","current_evidence":"15m net aggressive flow $-1.20M; buy share +36.5%","source_observed_at":1789408143.6073868,"calculation_version":"cross-market-explanation-evidence-2.0"},{"dimension":"Perpetual positioning","status":"unavailable","state":"unavailable — excluded from classification","raw_value":null,"support_rule":"Supportive participation when 1h OI change > 0","support_result":"unavailable","current_evidence":"BTC OI 1h —; price —","source_observed_at":1789408143.6073868,"calculation_version":"cross-market-explanation-evidence-2.0"},{"dimension":"Funding dispersion","status":"available","state":"3 venues","raw_value":0.00125,"support_rule":"Context only; no directional vote","support_result":"context only","current_evidence":"Highest Hyperliquid +0.0013% hourly; lowest MEXC +0.0004%","source_observed_at":1789408143.6073868,"calculation_version":"cross-market-explanation-evidence-2.0"},{"dimension":"Liquidation pressure","status":"unavailable","state":"unavailable — excluded from classification","raw_value":null,"support_rule":"Context only; no directional vote","support_result":"unavailable","current_evidence":"15m observed —; dominant side —","source_observed_at":1789408143.6073868,"calculation_version":"cross-market-explanation-evidence-2.0"},{"dimension":"Sector rotation","status":"available","state":"DeFi","raw_value":1.359,"support_rule":"Supportive when the leading maintained basket is positive","support_result":"supporting","current_evidence":"Leading maintained basket +1.36%; breadth +62.5%","source_observed_at":1789408143.6073868,"calculation_version":"cross-market-explanation-evidence-2.0"},{"dimension":"US spot ETF flow","status":"available","state":"outflow","raw_value":-13200000.0,"support_rule":"Supportive when the latest available net session flow > 0","support_result":"not supporting","current_evidence":"Latest delayed BTC session 2026-09-11: $-13.20M","source_observed_at":1789408143.6073868,"calculation_version":"cross-market-explanation-evidence-2.0"}],"observations":[],"health":[],"available_directional_checks":5,"unavailable_checks":2,"supportive_checks":3}