High Beta BTC-Correlated Tokens Scanner

What is This Tool?

This advanced analytics tool identifies and tracks Binance Futures tokens that demonstrate high correlation with Bitcoin while exhibiting amplified price movements. Perfect for traders looking to capitalize on BTC-driven market moves with potentially higher returns.

Key Metrics Explained:

  • Beta Coefficient: Measures price sensitivity relative to BTC. A beta of 2.0 means the token tends to move twice as much as BTC.
  • Correlation: Shows how closely the token's price movements align with BTC (0-100%).
  • Direction Ratio: Percentage of time the token moves in the same direction as BTC.
  • Amplitude Ratio: The relative size of price movements compared to BTC.
  • Total Score: Comprehensive rating combining all metrics.

Multiple Timeframe Analysis:

  • 1H Analysis: For short-term trading opportunities and intraday moves.
  • 4H Analysis: For swing trading and medium-term position management.
  • 1D Analysis: For trend following and longer-term strategic positions.

Selection Criteria:

Tokens are filtered through a rigorous multi-stage process:

  • Correlation coefficient > 0.75 across multiple timeframes
  • Beta coefficient between 1.5 and 3.0
  • Minimum 70% directional alignment with BTC
  • Sufficient trading volume for liquidity
  • Historical price data quality checks
No data available

💡 Trading Strategies

Long Strategy:

  • Look for tokens with high correlation and beta during BTC uptrends
  • Consider entering when both BTC and token show bullish signals
  • Use smaller position sizes due to higher volatility
  • Set wider stops to account for larger price swings

Short Strategy:

  • Focus on tokens showing weakness even during BTC stability
  • Look for bearish divergences in correlated pairs
  • Consider shorting during confirmed BTC downtrends
  • Maintain strict risk management due to potential sharp reversals

⚠️ Risk Management

  • High beta tokens can experience severe price swings - adjust position sizes accordingly
  • Correlation patterns can break down during extreme market conditions
  • Always use stop losses and proper risk management techniques
  • Monitor both BTC and token-specific news for potential impacts
  • Consider reducing exposure during high market volatility periods