Updated Oct 1, 2026, 07:26 AM
Sentiment reads as greed, with the Fear and Greed Index at 72, while ETF flows diverge: BTC took in $66.20M and ETH saw -$2.80M in the latest session. BTC funding at +0.0044%, modestly above its 7-day average, suggests mild rather than stretched long positioning.
Liquidity is softening. Stablecoin market cap stands at $311.20B, up 0.5% over 30 days, while CEX reserves fell 1.2% to $292.40B, with Binance holding 60.9%. Futures and spot volumes contracted 12.4% and 14.2%, and BTC futures open interest declined 6.8%, consistent with de-risking rather than aggressive accumulation.
BTC on-chain valuation is neutral across the board: MVRV Z-Score 1.095, NUPL 0.359 and Puell Multiple 1.163, with aSOPR at 0.993 and Reserve Risk flagged undervalued. ETH reads weaker, with MVRV Z-Score of -0.453 and NUPL of -0.161 in bottom and undervalued territory.
Overall the data shows positive but modest ETF demand, cooling leverage, and neutral-to-cheap valuation signals, with ETH lagging BTC.
Auto-generated by AI from current dashboard data, for reference only; not investment advice.