← Learn

The Read's four states

The Read doesn't always have the same amount to say, and it doesn't pretend to. Depending on how much coverage a coin has — and whether its two readers agree — a card lands in one of four states. Here are all four as seeded examples, so each state holds still while you look at it.

A scored read. With enough headlines, the card carries an aggregate score, its band, and a confidence — and the headlines it read stay visible underneath, so the number is always traceable to its receipts.

Seeded example headlines, from fictional outlets — not live

Bullish

↑ +0.48

High · based on 9 headlines

Tone and financial language agree.

Behind this reading

2 of 9 headlines

  • Bitcoin ETF inflows reach a six-week high as funds keep adding

    Meridian Wire

  • Analysts split on bitcoin valuation after the rally

    The Ledger Post

A disagreement. The Read runs two models over the same headlines — one reads tone, one reads financial language — and when they disagree, the card shows the split instead of averaging it away. Tap the coin to strike it open: both faces, with the gap between them drawn. The disagreement is the content, not an error.

Seeded example headlines, from fictional outlets — not live

Neutral

↓ −0.08

Low · based on 7 headlines

Tone and financial language diverge.

Behind this reading

2 of 7 headlines

  • Ether upgrade timeline confirmed; staking exit queue stays elevated

    The Ledger Post

  • Funds trim ether exposure for a third straight week

    Northline Markets

A thin read. Below three headlines, no aggregate exists — a score built on one or two headlines would look as confident as one built on nine. The card shows each headline with its own tone and stops there: the receipt without the verdict.

Seeded example headlines, from fictional outlets — not live

Too few headlines for a reading.

Two recent headlines — below the three it takes to score an overall tone. Each is read alone below; no aggregate score exists at this sample.

Each headline, read alone

2 headlines

  • Solana network activity climbs on new consumer apps

    ↑ +0.22Positive · Chainside Report

  • Validator upgrade window passes without incident

    ↑ +0.05Positive · Northline Markets

Tones are per headline — too few to average into a reading.

An honest blank. Some coins get no financial-press coverage at all. When there are no headlines, there is no reading — and the card says so instead of inventing one. Why that happens, and what it does and doesn't mean, has its own page: Why some coins have no news.

Seeded example headlines, from fictional outlets — not live

No coverage from our newswire.

A reading exists only when there are headlines — none were found for LTC-USD, so there's no score.

None of these states says anything about price. A read describes how the news around a coin is worded — never whether the coin is worth owning, and never what its price does next.

This explains what things mean. It isn't investment advice, and nothing here says whether an asset is worth buying.