Market condition index · Current read
BTC outperforming ETH, institutional accumulation (IBIT/MSTR positive), credit stressed (HYG < LQD = flight to quality), unemployment rising (macro pain), Fed tightening (DGS2 up), TradFi chaos (VIX >22). BTC dominance soars as safe-haven. ETH outperforming BTC, institutional appetite weak (IBIT/MSTR flat/down), credit risk-on (HYG >> LQD), unemployment falling (growth cycle), Fed cutting (DGS2 down), calm markets (VIX <16). Altcoin season dominates, BTC dominance fades.
2.2 points below the 50-normal line. This locates the selected condition; it is not a forecast. From one official close publication; stale selected read.
Official closes earn richer presentation. The selected current read is never spliced into certified history.
| Official close | Condition | Calculated |
|---|---|---|
| 2026-08-14 | 36.9 | Aug 14, 2026, 11:08 PM UTC |
| 2026-08-17 | 44.9 | Aug 17, 2026, 11:19 PM UTC |
| 2026-08-20 | 47.8 | Aug 20, 2026, 11:15 PM UTC |
3 certified closes are shown as a dated ledger, not a connected trend.
Only exact governed relationships are navigable. Shared tickers and price moves never create a link.
No Basket, Narrative, or Asset context is inferred from inputs, tickers, price moves, or static “related” lists.
Declared weights explain construction. They do not claim today's contribution or causal impact.
Informational only — not investment advice. MarketSchema is not a registered investment adviser. Condition Percentile reads and indexes are quantitative measurements derived from public market data, not recommendations to buy or sell any security.
| Input | Source | Formula role | Weight | Cadence |
|---|
| X:BTCUSD | polygon | Price · positive | 15% | Intraday |
| IBIT | polygon | Price · positive | 8% | Intraday |
| MSTR | polygon | Price · positive | 7.0% | Intraday |
| GLD | polygon | Price · positive | 12% | Intraday |
| HYG | polygon | Rate · inverse | 12% | Intraday |
| DGS2 | fred | Rate · positive | 10% | Daily |
| VIX | cboe_polygon | Flow · positive | 12% | Intraday |
| BTC-USDT | binance | Flow · positive | 12% | Intraday |
| UNRATE | fred | Macro · positive | 12% | Monthly |