Updated Oct 3, 2026, 12:17 AM
Sentiment sits in greed territory at 73, with BTC ETFs still attracting modest inflows of $66.20M while ETH ETFs slipped $2.80M. Funding remains mildly positive at 0.0075%, and futures open interest has cooled, with BTC down 2.9% and ETH 1.4% over seven days. Spot and futures volumes also contracted sharply, suggesting leverage is being trimmed rather than expanded.
Liquidity is broadly steady: stablecoin market cap edged up 0.6% to $310.71B, while CEX reserves dipped 0.2% and BTC ETF AUM rose 2.9% to $110.99B. Public treasuries continue accumulating, with BTC up 8,752 and ETH up 136,329 over thirty days, though fundraising fell 72.7% month over month.
On-chain valuation reads neutral-to-undervalued. BTC prints MVRV Z-Score and Puell Multiple of 1.033, NUPL of 0.358, and Reserve Risk in undervalued territory, while ETH MVRV Z-Score of -0.453 and negative NUPL suggest deeper compression. BTC DVOL near a historical low adds to the muted-volatility picture.
Overall, the data points to cautious accumulation with cooling leverage and subdued volatility rather than broad risk appetite.
Auto-generated by AI from current dashboard data, for reference only; not investment advice.