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.

Price trend5 of 5 above 200-day line
30-day breadth5 of 5 higher
Futures cost2 of 5 positive
Public mood57/100 · Greed
Majors above 200-day line5 of 5Long trend breadth
Majors higher · 30 days5 of 5Recent breadth
Bitcoin from 260-day high-20.7%Damage already suffered
Median funding · 8 hours+0.0000%Current cost of long versus short
Funding positive2 of 5Borrowed-trading breadth
BTC open contracts · 7 days-4.9%Value of open futures contracts
Fear & Greed57/100Greed
Digital-dollar supply · 30 days+1.3%Stock, not money spent

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.

CoinLast closeVs 200-day line30 daysFrom 260-day highLong trend
BTC$76,842.01+9.5%+21.9%-20.7%Above
ETH$2,477.10+20.3%+31.6%-26.2%Above
SOL$99.30+19.4%+31.7%-32.3%Above
BNB$716.41+14.5%+17.8%-24.5%Above
XRP$1.34+5.3%+34.2%-42.9%Above

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.

CoinCurrent 8-hour rateIf unchanged for a year
BNB+0.0000%+0.0%
XRP-0.0056%-6.2%
BTC+0.0071%+7.7%
ETH+0.0047%+5.1%
SOL-0.0021%-2.3%

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.

Research by for Charlie Quant Lab · Updated