Crypto market brief · 2026-08-28
BTC +2.02% over 24h. Liquidity state: GROUND STATE (0). US traders have bid above the global price for 2 straight days. Fear & Greed 73 (greed).
Market pulse
Where the market stands right now: price, dominance, sentiment, and sideline capital.
- BTC $80394 · +2.02% in 24h
- BTC dominance 59.26% · total market cap $2.7T
- Fear & Greed: 73 (Greed)
- Retail Euphoria Index: 78 (EUPHORIA)
- Stablecoin supply: $310.4B · +$515.3M 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 +0.03%: US buyers above global price, day 2 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) 0.14, 61th percentile of 90 days
- Biggest OI move: SOLUSDT open interest +19.0% with price +8.3% (longs building)
- Across 10 tracked majors: 8 adding leverage, 0 squeezing out
- Top-30 perp positioning: 24 symbols long crowded, 5 in short ramp
Options desk
Implied volatility and what the tape actually paid for in the last 24 hours.
- BTC implied volatility (DVOL): 41.6
- 24h taker premium: $68.8M into calls vs $9.7M into puts
- Largest print: buy BTC-28AUG26-72000-C · $3.0M premium
- Put/call OI ratio 0.60 · call wall at $80000, put wall at $60000
Liquidations
Forced liquidations recorded across our exchange feeds in the last 24 hours.
- 24h wipeouts: $104.1M longs vs $162.7M shorts across 52,888 events
- Largest single liquidation: ETHUSDT $12.4M
- 1 cascade event detected in 24h, largest $80.7M
ETF flows
US spot ETF net flows, last finalized trading day.
- BTC ETFs +$232.1M on 2026-08-26 · day 8 of the inflow streak
- ETH ETFs +$192.4M on 2026-08-26 · day 8 of the inflow streak
Calendar
What is scheduled, and what similar days have actually done to price.
- FOMC statement · September 15-16, 2026 in 20 days
- Fed days move BTC 2.7x a normal half hour (17 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: 122 trades · 39.3% win rate · net profit factor 0.96