Market condition index · Current read
BTC trend smooth (calm market order), daily log-return volatility low, miners healthy (MARA up), credit risk-on (HYG > LQD), VIX low (<16), BTC funding neutral-to-low (shorts confident), rates stable, USD weak. Favorable vol environment for directional trading. BTC price volatile/downtrend, daily log-return volatility elevated, miners stressed (MARA down), credit risk-off (HYG < LQD), VIX high (>22), BTC funding elevated (longs overleveraged), rate shocks, USD surging. Hostile environment; liquidation cascade risk.
13.8 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 |
|---|---|---|
| 2026-08-12 | 49.7 | Aug 12, 2026, 11:03 PM UTC |
| 2026-08-14 | 36.2 | Aug 14, 2026, 11:28 PM UTC |
2 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.
| Input | Source | Formula role | Weight |
|---|
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.
| Cadence |
|---|
| X:BTCUSD | polygon | Price · positive | 12% | Intraday |
| X:ETHUSD | polygon | Price · positive | 8% | Intraday |
| MARA | polygon | Price · positive | 7.0% | Intraday |
| X:BTCUSD:realized_vol | polygon | Flow · inverse | 10% | Intraday |
| VIX | cboe_polygon | Flow · inverse | 15% | Intraday |
| BTC-USDT | binance | Flow · inverse | 12% | Intraday |
| HYG | polygon | Rate · positive | 12% | Intraday |
| DGS2 | fred | Rate · inverse | 10% | Daily |
| DTWEXBGS | fred | Macro · inverse | 14.0% | Daily |