It's lovely to see the waveform of audio from my Mac passed through an app like BlackHole to Oscilloppoi. It appears to be an "either or" proposition. Unable to listen to the signal being analyzed. Vertical scale seems limited for audio input and display appear vertically limited and is quite small for a 5K display.
Normally, it can't be input from the built-in speakers (headphone port). But, it is possible if you use virtual audio device. For example, BlackHole - https://existential.audio/blackhole/ Set "BlackHole" for both "Output" in the System Preferences and "Input" in the Osciloppoi Preferences. (Mac -> BlackHole -> Oscilloppoi)[UPDATE 04/24/2022:]Is the output of BlackHole maximum? Please confirm the System Preferences > Sound > Output.How about using Loopback($99+)? It has “Monitor audio through” option. - https://rogueamoeba.com/loopback/