Is crypto weakness broad enough to call it winter?
Strength is broad
There is no hidden temperature score. Price trend, borrowed trading, public mood and digital-dollar supply are shown separately because they can disagree.
Is price weakness broad?
One Bitcoin chart cannot describe the whole market. These five large coins use the same 200-day and 30-day tests.
Is borrowed trading adding pressure?
The current funding payment is shown per eight hours. The annual figure only says what that single rate would cost if it never changed; it can change several times a day.
Bitcoin’s open futures value changed -4.9% in seven days. Rising contracts beside falling price can add pressure; falling contracts may simply mean traders closed positions.
Does mood agree with the money?
Public mood is greed, while digital-dollar supply changed +1.3% in 30 days. More stablecoins existing does not prove they were spent on crypto.
What survives the removal test?
0 of five plain checks currently lean cold. There is no cold check to remove today. Funding sits at -0.0010% after removing the most extreme coin, so one contract cannot control the futures reading.