Updated Sep 24, 2026, 02:30 AM
Sentiment and flows are constructive but not euphoric: Fear & Greed at 70, BTC ETF net inflow +$714.70M and ETH ETF +$162.20M, while BTC funding +0.0035% sits below its 7d average +0.0063%. Solid ETF demand and positive but restrained leverage suggest steady institutional appetite.
Liquidity and macro show stablecoin market cap at $311.68B, up 1.0% over 30 days, with SSR 5.553, BMO 0.0505, and Bitcoin vs M2 growth 0.538. CEX reserves are $296.05B, up 10.2% over 7 days, concentrated at Binance with 60.5% share, while spot and futures volumes rose sharply.
On-chain valuation is neutral for BTC: MVRV Z-Score 0.769, NUPL 0.379, Puell Multiple 1.041, aSOPR 0.993, and Reserve Risk undervalued. ETH looks weaker, with MVRV Z-Score -0.453 and NUPL -0.161, though SOPR is 0.999. BTC DVOL is 35.7 and ETH DVOL 51.7, both historically low.
The data depicts improving liquidity and inflows alongside neutral-to-undervalued on-chain readings, implying a constructive backdrop without extreme speculation.
Auto-generated by AI from current dashboard data, for reference only; not investment advice.