Sentiment & Macro

A metric measuring whether altcoins are outperforming Bitcoin, with high values indicating capital rotation into alternative cryptocurrencies.

A reference interest rate set by a central bank or determined by market activity that influences borrowing costs across the entire economy.

The percentage of total cryptocurrency market capitalization represented by Bitcoin, used as a gauge of capital rotation between BTC and altcoins.

The point of maximum selling pressure where remaining holders surrender and sell at a loss, often marking the final phase before a market bottom.

A regulatory report showing the aggregate positioning of different trader categories in futures markets, revealing institutional versus retail sentiment.

A measure of inflation tracking the average change in prices paid by consumers for a basket of goods and services over time.

A statistical measure of how two assets move in relation to each other, ranging from +1 (perfectly together) to -1 (perfectly opposite).

A composite indicator scoring overall crypto market sentiment from 0 (extreme fear) to 100 (extreme greed) based on multiple data sources.

A macro thesis predicting the US dollar will strengthen by absorbing global liquidity before eventually collapsing under the weight of US debt.

A macro theory suggesting the US dollar will strengthen as global liquidity crises force capital to flee to the dollar, creating paradoxical dollar strength.

The US Dollar Index measuring the greenback's strength against a basket of six major currencies, inversely correlated with crypto and risk assets.

A market condition identified by the Fear and Greed Index below 25, characterized by panic selling, capitulation, and historically favorable buying opportunities.

A market condition identified by the Fear and Greed Index above 75, characterized by euphoric buying, excessive leverage, and historically elevated risk of correction.

A composite sentiment indicator that measures market emotion on a scale from 0 (Extreme Fear) to 100 (Extreme Greed), used as a contrarian signal.

The interest rate set by the Federal Reserve at which banks lend to each other overnight, influencing all financial markets including crypto.

The Federal Open Market Committee — the Federal Reserve body that sets US monetary policy, meeting eight times per year to decide interest rate changes.

The total amount of money and credit available in the global financial system, a key driver of risk asset prices including cryptocurrency.

The approximately four-year market cycle in Bitcoin driven by the halving of block rewards, historically followed by bull markets due to supply shock.

A condition where crypto market behavior deviates from traditional macro correlations, suggesting crypto-specific forces are dominating price action.

The prevailing behavioral pattern of a market characterized by specific volatility, trend, and correlation properties that persist over extended periods.

The dominant market story or theme driving investor attention and capital flows, often creating self-reinforcing cycles of hype and investment.

A measure of total available liquidity in the financial system, calculated from central bank balance sheets and government account flows.

The ratio of on-chain transfer volume to market capitalization, measuring how actively a cryptocurrency's supply is being transacted relative to its valuation.

A central bank policy of purchasing financial assets to inject money into the economy, lowering interest rates and boosting risk asset prices.

A central bank policy of reducing its balance sheet by selling assets or letting them mature, withdrawing liquidity from the financial system.

Income generated from actual protocol revenue and economic activity, as opposed to yields subsidized by inflationary token emissions.

A Federal Reserve facility where banks and money market funds park excess cash overnight, acting as a drain on financial market liquidity.

Market regimes where investor appetite shifts between seeking returns through risky assets (risk-on) and preserving capital in safe havens (risk-off).

The overall attitude or emotional tone of market participants toward an asset or the market as a whole, measurable through social data, positioning, and on-chain metrics.

Aggregate market mood measured through social media activity, discussion volume, and natural language processing of public posts about crypto assets.

The return on US government debt instruments, with the 10-year yield serving as the benchmark risk-free rate that influences all asset valuations.

The CBOE Volatility Index measuring expected 30-day volatility of the S&P 500, widely known as the fear index and a leading indicator for risk assets.

A graph plotting interest rates on government bonds across different maturities, where inversions historically signal economic recessions.