Updated Oct 2, 2026, 09:56 AM
Sentiment is greedy at 73, with BTC ETF inflows of $66.20M contrasting ETH ETF outflows of $2.80M. BTC funding is modestly positive at 0.0075% versus a 0.0050% 7d average, while futures open interest fell 2.9% and BTC DVOL eased to 35.5, suggesting leverage and volatility expectations are cooling despite firm sentiment.
Liquidity remains ample but not expanding quickly: stablecoin market cap is $310.71B, up 0.6% over 30d, with SSR at 5.396, BMO at 0.0505 and AHR999 at 0.555. Spot and futures volumes declined 17.0% and 13.6% over 7d, CEX reserves slipped 0.2%, and fundraising dropped 72.7% MoM, indicating quieter risk appetite.
On-chain BTC valuation is neutral: Puell Multiple 1.033, MVRV Z-Score 1.033, NUPL 0.358 and aSOPR 0.993, while Reserve Risk 0.000964 and Hash Ribbon bottom flag undervaluation. ETH MVRV Z-Score -0.453 and NUPL -0.161 sit in bottom/undervalued territory, though ETH ETF flows are negative and ETH stablecoin transfer share is 0.00.
Overall, the data shows cautious optimism rather than broad momentum, with BTC flows and on-chain valuation stable but shrinking derivatives and volume activity warranting patience.
Auto-generated by AI from current dashboard data, for reference only; not investment advice.