Crypto market brief · 2026-08-24
BTC +0.23% over 24h. Liquidity state: GROUND STATE (0). US traders have bid below the global price for 110 straight days. Fear & Greed 73 (greed).
Market pulse
Where the market stands right now: price, dominance, sentiment, and sideline capital.
- BTC $77460 · +0.23% in 24h
- BTC dominance 59.18% · total market cap $2.6T
- Fear & Greed: 73 (Greed)
- Retail Euphoria Index: 81 (EXTREME EUPHORIA)
- Stablecoin supply: $309.8B · +$922.9M 24h
Liquidity & stress
ByKaranteli's own liquidity-state model plus the gap between US-regulated and global pricing.
- PsiCharge state: GROUND STATE · score 0/100
- In this state over the last 12 months (4849 readings), BTC averaged +0.00% over the next 24h and closed higher 50% of the time
- Coinbase Premium -0.01%: US bids below global price, day 110 of the streak
- Today's premium is a 90-day HIGH
Flow & positioning
Order-flow toxicity and where leveraged open interest moved in the last 24 hours.
- BTC order-flow toxicity (VPIN) 0.15, 78th percentile of 90 days
- Biggest OI move: ADAUSDT open interest -7.1% with price -2.0% (long squeeze)
- Across 10 tracked majors: 1 adding leverage, 4 squeezing out
Options desk
Implied volatility and what the tape actually paid for in the last 24 hours.
- BTC implied volatility (DVOL): 43.1
- 24h taker premium: $7.4M into calls vs $1.6M into puts
- Largest print: sell BTC-25SEP26-110000-P · $3.2M premium
- Put/call OI ratio 0.60 · call wall at $70000, put wall at $60000
Liquidations
Forced liquidations recorded across our exchange feeds in the last 24 hours.
- 24h wipeouts: $149.4M longs vs $136.8M shorts across 59,346 events
- Largest single liquidation: ETHUSDT $11.7M
- 3 cascade events detected in 24h, largest $74.0M
ETF flows
US spot ETF net flows, last finalized trading day.
- BTC ETFs +$307.5M on 2026-08-21 · day 5 of the inflow streak
- ETH ETFs +$184.9M on 2026-08-21 · day 5 of the inflow streak
Calendar
What is scheduled, and what similar days have actually done to price.
- FOMC statement · September 15-16, 2026 in 24 days
- Fed days move BTC 2.9x a normal half hour (24 meetings measured)
- CFTC week of 2026-08-18: hedge funds net -7,439 BTC futures contracts (-387 WoW)
Signal desk
Our automated engine's honest numbers: every trade published, net of fees, slippage, and funding.
- Rolling 30d: 199 trades · 43.2% win rate · net profit factor 1.15