Market condition index · Current read
Rising BTC prices, improving altcoin breadth (ETH and SOL outperforming BTC), strong institutional inflows (IBIT positive), Coinbase transaction growth (COIN outperforming SPY), leverage long-biased (BTC funding >0.01%), credit risk-on (HYG >> LQD), macro liquidity expansion (TOTALSL rising), Fed accommodative (DGS2 low), TradFi calm (VIX <18), USD weak. Momentum builds. BTC falling, declining altcoin breadth (ETH/SOL lagging BTC), institutional outflows (IBIT down), Coinbase stressed (COIN underperforming SPY), leverage cooling (BTC funding negative), credit risk-off (HYG << LQD), macro deleveraging (TOTALSL flat/down), Fed tightening (DGS2 rising), TradFi panic (VIX >25), USD surging. Contagion spreading.
49.7 points above 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 | 85.1 | Aug 14, 2026, 11:11 PM UTC |
| 2026-08-17 | 81.4 | Aug 17, 2026, 11:21 PM UTC |
| 2026-08-24 | 99.7 | Aug 24, 2026, 11:47 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 | 10% | Intraday |
| X:ETHUSD | polygon | Price · positive | 10% | Intraday |
| X:SOLUSD | polygon | Price · positive | 8% | Intraday |
| IBIT | polygon | Price · positive | 8% | Intraday |
| COIN | polygon | Price · positive | 8% | Intraday |
| BTC-USDT | binance | Flow · positive | 10% | Intraday |
| VIX | cboe_polygon | Flow · inverse | 10% | Intraday |
| DGS2 | fred | Rate · inverse | 10% | Daily |
| HYG | polygon | Rate · positive | 8% | Intraday |
| DTWEXBGS | fred | Macro · inverse | 8% | Daily |
| TOTALSL | fred | Macro · positive | 10% | Monthly |