Crypto market brief · 2026-08-27
BTC +0.33% over 24h. Liquidity state: GROUND STATE (0). US traders have bid above the global price for 1 straight days. Fear & Greed 71 (greed).
Market pulse
Where the market stands right now: price, dominance, sentiment, and sideline capital.
- BTC $78804 · +0.33% in 24h
- BTC dominance 59.09% · total market cap $2.7T
- Fear & Greed: 71 (Greed)
- Retail Euphoria Index: 73 (EUPHORIA)
- Stablecoin supply: $310.5B · +$1.0B 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 +0.02% over the next 24h and closed higher 51% of the time
- Coinbase Premium +0.00%: US buyers above global price, day 1 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) 0.12, 27th percentile of 90 days
- Biggest OI move: SOLUSDT open interest +5.0% with price +5.0% (longs building)
- Across 10 tracked majors: 4 adding leverage, 2 squeezing out
- Top-20 perp positioning: 4 symbols long crowded, 3 in short ramp
Options desk
Implied volatility and what the tape actually paid for in the last 24 hours.
- BTC implied volatility (DVOL): 40.4
- 24h taker premium: $15.7M into calls vs $4.9M into puts
- Largest print: buy BTC-25SEP26-82000-C · $4.1M premium
- Put/call OI ratio 0.59 · call wall at $70000, put wall at $60000
Liquidations
Forced liquidations recorded across our exchange feeds in the last 24 hours.
- 24h wipeouts: $85.6M longs vs $106.0M shorts across 56,380 events
- Largest single liquidation: ETHUSDT $9.7M
- No cascade in 24h (22 in the last 30 days)
ETF flows
US spot ETF net flows, last finalized trading day.
- BTC ETFs +$314.4M on 2026-08-25 · day 7 of the inflow streak
- ETH ETFs +$179.8M on 2026-08-25 · day 7 of the inflow streak
Calendar
What is scheduled, and what similar days have actually done to price.
- FOMC statement · September 15-16, 2026 in 21 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: 130 trades · 41.5% win rate · net profit factor 1.00