{"id":2853,"date":"2025-10-29T15:00:35","date_gmt":"2025-10-29T15:00:35","guid":{"rendered":"https:\/\/pi42.com\/blog\/?p=2853"},"modified":"2026-03-31T06:07:45","modified_gmt":"2026-03-31T06:07:45","slug":"cmf-indicator-for-crypto-trading","status":"publish","type":"post","link":"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/","title":{"rendered":"Chaikin Money Flow Indicator: How to Use CMF in Crypto Trading"},"content":{"rendered":"\n<p>The world of crypto trading requires calculations and caution. Both traits help identify buying and selling pressure, which can make the difference between profit and loss. The chaikin money flow indicator is one such technical tool that helps traders. There are several types of technical indicators used to analyse crypto market trends.<br><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69d78256312ac\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d78256312ac\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#what-is-the-chaikin-money-flow-indicator\" >What is the Chaikin Money Flow Indicator?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#what-is-the-chaikin-money-flow-formula\" >What is the Chaikin Money Flow Formula?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#components-of-the-formula\" >Components of the Formula<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#step-by-step-calculation\" >Step-by-Step Calculation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#interpreting-the-cmf-indicator-in-crypto-trading\" >Interpreting the CMF Indicator in Crypto Trading<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#positive-vs-negative-cmf-values\" >Positive vs. Negative CMF Values<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#trend-confirmation-and-divergence-analysis\" >Trend Confirmation and Divergence Analysis<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#how-to-use-cmf-in-crypto-trading-strategies\" >How to Use CMF in Crypto Trading Strategies?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#using-cmf-for-trend-analysis\" >Using CMF for Trend Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#identifying-overbought-and-oversold-conditions\" >Identifying Overbought and Oversold Conditions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#combining-cmf-with-other-indicators\" >Combining CMF with Other Indicators<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#tips-for-effectively-using-cmf-in-crypto-trading\" >Tips for Effectively Using CMF in Crypto Trading<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#select-the-right-time-frame\" >Select the Right Time Frame<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#backtesting-and-strategy-development\" >Backtesting and Strategy Development<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#what-are-risk-management-best-practices\" >What are Risk Management Best Practices?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/pi42.com\/blog\/cmf-indicator-for-crypto-trading\/#the-need-for-chaikin-money-flow-indicator\" >The Need for Chaikin Money Flow Indicator<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what-is-the-chaikin-money-flow-indicator\"><\/span><strong>What is the Chaikin Money Flow Indicator?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Chaikin Money Flow Indicator measures buying and selling pressure by analysing the price and volume. Developed by Marc Chaikin, it is based on the idea that when a crypto asset closes near its high with strong volume, it signals accumulation or buying pressure. Conversely, when it closes near its low with significant volume, it indicates distribution or selling pressure.<\/p>\n\n\n\n<p>In crypto trading, volatility is constant. Hence, the CMF crypto metric provides a clear view of where the \u201csmart money\u201d is moving. Traders use it to confirm trends and detect divergences. It even helps fine-tune their entries and exits. This explains what is chaikin money flow and why it is widely used.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/pi42.com\/\">Trade with Zero Fees<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what-is-the-chaikin-money-flow-formula\"><\/span><strong>What is the Chaikin Money Flow Formula?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Chaikin money flow formula is designed to measure the average accumulation and distribution over a set period, typically 20 or 21 trading days. Understanding the cmf formula is essential for traders looking to apply this indicator effectively.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"components-of-the-formula\"><\/span><strong>Components of the Formula<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>To understand the calculation, let us first look at its components:<\/p>\n\n\n\n<p>Money Flow Multiplier (MFM) = ((Close\u2212Low)\u2212(High\u2212Close))\/(High\u2212Low)<br>Money Flow Volume (MFV) = MFM \u00d7 Volume<br>Chaikin Money Flow (CMF) = (Sum of MFV over N periods) \/ (Sum of Volume over N periods)<\/p>\n\n\n\n<p>Here, N refers to the number of periods (for example, 20 days).<\/p>\n\n\n\n<p>Each component plays a vital role:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Money Flow Multiplier measures where the close occurs within the day\u2019s range.<\/li>\n\n\n\n<li>The Money Flow Volume integrates price action with trading volume.<\/li>\n\n\n\n<li>The final cmf indicator output quantifies whether buying or selling pressure dominates the period.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"step-by-step-calculation\"><\/span><strong>Step-by-Step Calculation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Let us go through an example:<\/p>\n\n\n\n<p>Suppose a cryptocurrency has:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High = \u20b9100<\/li>\n\n\n\n<li>Low = \u20b990<\/li>\n\n\n\n<li>Close = \u20b998<\/li>\n\n\n\n<li>Volume = 1,000 units<\/li>\n<\/ul>\n\n\n\n<p>The Money Flow Multiplier = ((98\u221290)\u2212(100\u221298))\/(100\u221290) = (8\u22122)\/10 = 0.6.<\/p>\n\n\n\n<p>Money Flow Volume = 0.6 \u00d7 1,000 = 600.<\/p>\n\n\n\n<p>Perform this calculation for the last 20 days and sum the results.<\/p>\n\n\n\n<p>Divide the total Money Flow Volume by the total Volume of the same period to derive the Chaikin Money Flow (CMF). This process is known as cmf calculation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"interpreting-the-cmf-indicator-in-crypto-trading\"><\/span><strong>Interpreting the CMF Indicator in Crypto Trading<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Chaikin money flow index normally fluctuates near zero, rarely reaching the outer bounds of \u00b11. On platforms like Pi42, where traders can monitor volume and price data in real time, CMF can be particularly useful to validate the strength of ongoing trends.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"positive-vs-negative-cmf-values\"><\/span><strong>Positive vs. Negative CMF Values<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Positive CMF (>0): Indicates buying pressure, but price direction often depends on broader market context.<\/li>\n\n\n\n<li>Negative CMF (&lt;0): Signals selling pressure, though declines require further confirmation.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"trend-confirmation-and-divergence-analysis\"><\/span><strong>Trend Confirmation and Divergence Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The Chaikin money flow indicator strategy is not just about reading the zero line. Traders also analyse divergences between CMF and price movements:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bullish Divergence: Price forms lower lows, but CMF forms higher lows, hinting at potential upward reversals.<\/li>\n\n\n\n<li>Bearish Divergence: Price makes higher highs while CMF moves lower, suggesting weakening buying pressure.<\/li>\n<\/ul>\n\n\n\n<p>This forms the basis of a practical cmf indicator strategy used by traders.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/pi42.com\/\">Trade with Zero Fees<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"how-to-use-cmf-in-crypto-trading-strategies\"><\/span><strong>How to Use CMF in Crypto Trading Strategies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Chaikin Money Flow indicator works best as a complementary technical tool when combined with price patterns and other methods. Many beginners often ask <strong>what is cmf in trading<\/strong>, and its real value lies in confirming trends rather than acting as a standalone signal.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"using-cmf-for-trend-analysis\"><\/span><strong>Using CMF for Trend Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Before entering a position, observe whether CMF confirms the ongoing trend:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sustained positive CMF supports long positions.<\/li>\n\n\n\n<li>Persistent negative CMF strengthens the case for short trades.<\/li>\n<\/ul>\n\n\n\n<p>By incorporating CMF into their analysis, traders on Pi42 can time trades more accurately and reduce false entries.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"identifying-overbought-and-oversold-conditions\"><\/span><strong>Identifying Overbought and Oversold Conditions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>While the Chaikin Money Flow Indicator does not have fixed overbought or oversold levels, traders often look for sustained readings beyond \u00b10.10 to indicate potential buying or selling pressure. Sustained readings near \u00b10.20 or \u00b10.25 can highlight volume bias, but no fixed thresholds are universally reliable.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"combining-cmf-with-other-indicators\"><\/span><strong>Combining CMF with Other Indicators<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A comprehensive CMF strategy works best when supported by additional metrics:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Moving Averages confirm overall trend direction.<\/li>\n\n\n\n<li>RSI gauges momentum and overbought\/oversold levels.<\/li>\n\n\n\n<li>MACD validates trend strength and crossover points.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"tips-for-effectively-using-cmf-in-crypto-trading\"><\/span><strong>Tips for Effectively Using CMF in Crypto Trading<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To maximise the benefits of the Chaikin money flow indicator, traders must pair technical analysis with discipline and adaptability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"select-the-right-time-frame\"><\/span><strong>Select the Right Time Frame<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Choosing the correct time frame is crucial. A 20- or 21-day CMF is standard for daily crypto charts. Shorter periods capture volatility but increase noise, while longer periods smooth the signal but may delay entries.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"backtesting-and-strategy-development\"><\/span><strong>Backtesting and Strategy Development<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Before applying the Chaikin money flow indicator strategy in live markets, backtest it using historical data. Simulate different time frames, entry conditions, and confirmation indicators to refine performance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what-are-risk-management-best-practices\"><\/span><strong>What are Risk Management Best Practices?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Even the most reliable indicators need sound risk control.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Always set stop-loss orders to protect against sudden market swings.<\/li>\n\n\n\n<li>Avoid over-leveraging positions.<\/li>\n\n\n\n<li>Review your strategy regularly, especially in rapidly shifting markets.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/pi42.com\/\">Trade with Zero Fees<\/a><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"the-need-for-chaikin-money-flow-indicator\"><\/span>The Need for Chaikin Money Flow Indicator<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The Chaikin Money Flow Indicator remains one of the most versatile tools for analysing price-volume dynamics in the crypto market. The CMF assists in gauging accumulation or distribution but does not directly fine-tune entries or exits; it requires a combination with other tools.<\/p>\n\n\n\n<p>When used with other <strong><a href=\"https:\/\/pi42.com\/blog\/what-is-macd-indicator\/\">types of technical indicators<\/a><\/strong> and supported by strong data analytics platforms like Pi42, CMF has a decisive edge in identifying market trends and reinforces the importance of understanding what is cmf and its real-world application.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h5 class=\"wp-block-heading\">Expand Your Knowledge<br><br><a href=\"https:\/\/pi42.com\/blog\/what-is-cryptostaking-and-how-does-it-work\/\">What is Cryptostaking and How Does it Work?<br><\/a><a href=\"https:\/\/pi42.com\/blog\/crypto-bull-run-guide\/\">Crypto Bull Run Guide: Strategies for Smart Trading<br><\/a><a href=\"https:\/\/pi42.com\/blog\/crypto-market-making\/\">Crypto Market Making: What is it &amp; How it Works<\/a><\/h5>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The world of crypto trading requires calculations and caution. Both traits help identify buying and selling pressure, which can make the difference between profit and loss. The chaikin money flow indicator is one such technical tool that helps traders. There are several types of technical indicators used to analyse crypto market trends. What is the [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":2787,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"zakra_page_container_layout":"customizer","zakra_page_sidebar_layout":"customizer","zakra_remove_content_margin":false,"zakra_sidebar":"customizer","zakra_transparent_header":"customizer","zakra_logo":0,"zakra_main_header_style":"default","zakra_menu_item_color":"","zakra_menu_item_hover_color":"","zakra_menu_item_active_color":"","zakra_menu_active_style":"","zakra_page_header":true,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[231],"tags":[309,293,254,280],"class_list":["post-2853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-indicators","tag-cryptocurrency-technical-analysis","tag-technical-analysis-crypto","tag-technical-indicators","tag-technical-indicators-for-crypto-trading"],"jetpack_featured_media_url":"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/11\/Crypto-Chart-Patterns-2.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/comments?post=2853"}],"version-history":[{"count":5,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2853\/revisions"}],"predecessor-version":[{"id":3320,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2853\/revisions\/3320"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media\/2787"}],"wp:attachment":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media?parent=2853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/categories?post=2853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/tags?post=2853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}