Why it is in the 11
- Solid valuation (95% below its all-time high)
- Fair positioning (+11% funding, $10.28M open interest)
- Fair narrative (quiet in the attention feeds right now)
sounding live water._-~=+*#*+=~-_.
Loading market readingsBitcoin Cash BCH
A large-cap payments fork; read by liquidity and structure, not TVL.
49/ 100
Rank #0 of 11 · SailDeepeningHigh confidence
BCH scores 49: valuation leads (95% below its all-time high), with liquidity depth the soft spot.
Price$198.70
Market cap$3.98B
Fair-water56% below
Chain depth$294.1K
What this page answers
BCH carries a Pick Score of 49 of 100 and is ranked 0 in the Deep 11. BCH scores 49: valuation leads (95% below its all-time high), with liquidity depth the soft spot. The score is a sounding of open data: liquidity depth, real demand, valuation, trend, positioning, and narrative, less a risk penalty.
The score, broken open
Seven components, then a risk penalty. Bars show each component's 0 to 100 reading; the percentage is its weight in the composite. A greyed bar means we had no data and read it neutral.
Liquidity depth20%20
$3.98B market cap, $294.1K chain depth, $73.73M stablecoins
Real demand20%44
2.8% daily turnover
Valuation15%66
95% below its all-time high
Trend quality15%37
0.44x its long trend, -34% over 30 days
Positioning10%56
+11% funding, $10.28M open interest
Narrative10%48
quiet in the attention feeds right now
Source coverage10%100
6 of 6 reads backed by live open data
Risk penalty-0Low risk
Fair-water band
Where the models say the water sits. A model-implied range from open data, not a price target and not advice.
now $198.70
$401.12fair $455.81$510.51
56% below fair-waterLow confidence
- Long trend$455.81200-day average price, a mean-reversion anchor
A model-implied range from open data, not a price target and not advice. Read it as where the water sits, not where it is going.
What would remove it
A further slide in liquidity depth ($3.98B market cap, $294.1K chain depth, $73.73M stablecoins) would pull it out.
- Liquidity depth is the soft spot: $3.98B market cap, $294.1K chain depth, $73.73M stablecoins
Depth against price
The chain's liquidity depth (TVL) against BCH's price on a shared timeline. The divergence between them is the reading.
Depth vs price · 179d
depth-ledWhere Bitcoin Cash liquidity parts from BCH
$10.74M$6.77M$654.50$190.08
Jun 30$7.14M$200.58
Liquidity is holding better than price. Depth is leading, the kind of divergence that reads as real deepening rather than a price move.
Depth from DeFiLlama chain TVL, price from the open DeFiLlama coins feed (CoinGecko id). TVL is in dollars, so it moves partly with price by construction, the reading here is the gap between them, not a forecast. Information, not financial advice.
Derivatives pressure
Funding, annualised+11%
Open interest$10.28M
Open interest / market cap+0.3%
Funding and open interest from Hyperliquid's public perps API. Funding is the cost of holding leverage, a read of which way the crowd is leaning, not a forecast.
The source trail
Every number on this page is a sounding of open, keyless data.
- CoinGecko price, market cap, and supply
- DeFiLlama chain TVL, fees, and stablecoin depth
- Hyperliquid perp funding and open interest
Bathymark reads these open numbers and renders its own sounding. This is information, not financial advice. Confidence is high, set by how complete the data is.
Connected to BCH
Drawn from the entity graph, so a question that starts here always has somewhere to go.