get https://api.amberdata.com/markets/spot/analytics/depth/pressure
Order book pressure is a market indicator that measures the relative balance between buy and sell orders. It is calculated as: Order Book Pressure = (Bid Volume − Ask Volume) This metric provides insight into market sentiment by quantifying the dominance of buyers or sellers. A positive value indicates stronger buying pressure, while a negative value signals selling dominance.
RESPONSE DATA
Field | Type | Description |
---|---|---|
payload.metadata.api-version | string | Version of the API. |
payload.data[index].exchange | string | The name of the exchange. |
payload.data[index].pair | string | The currency pair in question. |
payload.data[index].pressure(xx)Net | number | This represents the observed order book pressure (total bids minus total ask in coins) as the (xx) basis point level. |
payload.data[index].pressure(xx)TotalSize | number | This represents the observed order book size (total bids + total ask in coins) as the (xx) basis point level |
payload.data[index].pressure(xx)Percentage | number | This represents the observed order book pressure (total bids minus total ask) as the (xx) basis point level, divided by the total size, to return a percentage pressure imbalance. |
payload.data[index].timestamp | timestamp | This represents the timestamp. |