Updated Sep 20, 2026, 06:17 AM
Sentiment sits mildly positive but not euphoric, with Fear & Greed at 57. BTC ETF flows are constructive at +$159.50M, while ETH ETF flows are negative at -$39.30M. BTC funding is slightly positive at +0.0052%, below its 7d average, suggesting restrained leverage demand.
Stablecoin market cap is $309.52B, up 1.0% over 30 days, and CEX reserves at $285.63B rose 3.9% in 7d, with Binance holding 60.7%. SSR is 4.957, while BMO at -0.330 and AHR999 at 0.474 suggest macro and valuation conditions are not overheated. BTC futures open interest is up 8.4% over 7d, and BTC DVOL at 35.6 is rising.
BTC on-chain valuation is neutral: MVRV Z-Score 0.790, NUPL 0.303, Puell Multiple 0.942, aSOPR 0.993, while Reserve Risk flags undervalued. ETH metrics are weaker, with MVRV Z-Score -0.453 and NUPL -0.161 in undervalued or bottom zones.
Overall, BTC shows steady ETF demand and neutral valuation alongside rising open interest, while ETH lags in ETF flows but screens deeply undervalued on-chain. Macro liquidity is stable rather than expansive, so the market appears mixed, with leverage and stale data worth monitoring.
Auto-generated by AI from current dashboard data, for reference only; not investment advice.