498 assets with completed daily indicators. Completed daily structure plus current 24-hour moves.
Crypto markets
Across individual assets, the market is in rotation and repair. Evidence is mixed; confirmation matters more than headline movement. This is separate from the capped SM Crypto Market Index shown alongside it.
Price and market direction
Open each view to see direction, participation, risk, leadership and immediate market conditions without mixing their timeframes.
Is the broad index holding an established direction?
The black line shows the benchmark. The coloured Trend line shows whether the completed path is strengthening, weakening or between states.
Is strength spreading beyond the headline assets?
Rising participation makes an index move more dependable. Falling participation shows that fewer assets are carrying it.
Market Dynamics
Negative readings are more widespread. The average shows the balance of the readings; the median shows the middle market, with less influence from extremes.
494 of 498 tracked markets · equal weight · same dated, closed daily readings. 4 missing or older readings excluded.
Dashed line: zero. Above zero is positive; below is negative. This is an indicator reading, not a percentage. History uses the readings available at each snapshot; coverage can change.
How difficult has the index path been to hold?
Drawdown shows the distance below a previous high. Variability shows how uneven the path has been.
Where is leadership moving now?
Upper-right assets combine positive momentum with relative leadership. Lower-left assets remain under pressure.
Price, activity and market observations
Select a supported market to study its current price path, trading activity, technical readings and conditions worth watching.
Loading the latest BTC view
The chart will appear when the latest completed Lab observations are ready.
Possible angleWaiting for a complete price and activity path.
Main riskMarket conditions can change quickly.
Relative Strength Index
Shows whether short-term momentum is stretched high, stretched low or sitting between those areas.
Notable points in this view
- No notable event has been loaded yet.
The index is stronger than the wider market
Large, liquid assets are carrying more of the move than the average crypto asset. That favours selective leaders and pullback tests, not a broad assumption that every coin is improving.
How widely is the move shared?
Index strength is not broadly confirmed
The capped benchmark has the stronger price path, while participation across individual assets remains weak. That points to concentrated index strength rather than a market-wide advance.
Capped liquidity-weighted index · 480 constituents. Completed daily index history plus the latest intraday estimate.
Liquidity, leverage and capital pressure
Current exchange data shows how much trading capacity is available, whether leverage is expanding and whether buying or selling pressure is dominating.
Deep core liquidity
76.4M visible depth around the market with a 0.92 bp median spread. Core execution cost is 7.19 bps.
Leverage contracting
17.5B observed open interest. Funding is 1.45% annualised and 38% of markets show rising open interest.
Supply-led flow
Combined spot and perpetual pressure is -7.4M, equal to -9.66% of visible depth.
1.0M liquidated
Latest forced activity is shown beside a 23.00 bp median stable-value deviation and 27.1% one-sided trading.
Where usable capacity sits
What sits beneath price
This live exchange view explains trading capacity and pressure now. It does not replace the completed daily market view.
What the market is doing now
Crypto market state is mixed. 65.46% of tracked assets have a positive Trend Signal, 54.22% have positive Relative Strength, and 24.50% have positive Market Dynamics. Strong structure is present in 17.87% of the active universe, while stressed structure is present in 23.49%. The most liquid live snapshot is BTC with 1383961522 quote volume.
Rotation and repair
65.5% of assets have a positive Trend.
Split participation
223 assets advance against 262 declining.
Distributed
The five most liquid assets account for 54.3% of observed turnover.
Selective tape
Live return dispersion is 5.58%; selection risk is explicit.
Participation and market pressure
Trend breadth and Relative Strength breadth reveal whether participation is widening or narrowing beneath price.
How current moves are distributed
Evidence is mixed; confirmation matters more than headline movement.
Bar height is the share of observed markets in each range.
Market Dynamics
Negative readings are more widespread. The average shows the balance of the readings; the median shows the middle market, with less influence from extremes.
494 of 498 tracked markets · equal weight · same dated, closed daily readings. 4 missing or older readings excluded.
Dashed line: zero. Above zero is positive; below is negative. This is an indicator reading, not a percentage. History uses the readings available at each snapshot; coverage can change.
Markets leading the crypto universe
RLCRS
117.80Momentum
4.36%Dynamics
1.542QNT
QNTRS
113.47Momentum
4.12%Dynamics
0.193MET
METRS
98.00Momentum
3.85%Dynamics
0.214MOVR
MOVRRS
81.11Momentum
3.02%Dynamics
0.395GTC
GTCRS
80.98Momentum
3.14%Dynamics
1.266MUBARAK
MUBARAKRS
79.87Momentum
2.87%Dynamics
0.707ORCA
ORCARS
74.84Momentum
2.65%Dynamics
1.388RAY
RAYRS
71.84Momentum
2.33%Dynamics
0.25
Markets falling behind
FOGORS
-31.62Momentum
-1.23%Dynamics
-0.7322Z
2ZRS
-29.12Momentum
-0.79%Dynamics
-0.963HEMI
HEMIRS
-27.85Momentum
-0.79%Dynamics
0.224SOXSB
SOXSBRS
-26.51Momentum
-1.07%Dynamics
0.125ROBO
ROBORS
-25.08Momentum
-0.87%Dynamics
-0.516TUT
TUTRS
-24.35Momentum
-0.20%Dynamics
-0.347USARB
USARBRS
-23.16Momentum
-1.02%Dynamics
-0.988FLNCB
FLNCBRS
-22.10Momentum
-1.35%Dynamics
0.45
Is the move broad enough to trust?
These views show whether price direction is shared across the market, where it is strongest and where it is beginning to weaken.
Momentum versus Relative Strength
The 47 most liquid observed markets are mapped. Select a dot or search the list. Where markets overlap, click the cluster to choose a market or zoom in.
Where buying or selling pressure is changing now
Recent price updates show which moves are gaining pace and which are beginning to fade.
Acceleration
71 observationsLive window
65.91%Low
0.0226High
0.03842STRK
71 observationsLive window
20.92%Low
0.0484High
0.06083WIN
71 observationsLive window
13.67%Low
0.0001High
0.00014ERA
71 observationsLive window
13.18%Low
0.0645High
0.07635CTSI
71 observationsLive window
11.90%Low
0.0296High
0.03426ALGO
71 observationsLive window
11.66%Low
0.1172High
0.14217CYBER
71 observationsLive window
6.98%Low
0.3130High
0.33708DIA
71 observationsLive window
5.63%Low
0.1644High
0.1760
Fading pressure
71 observationsLive window
-12.87%Low
4.8460High
6.27702GLMR
71 observationsLive window
-9.43%Low
0.0112High
0.01283W
71 observationsLive window
-9.18%Low
0.0159High
0.01814LAZIO
71 observationsLive window
-9.11%Low
0.4090High
0.45005MINA
71 observationsLive window
-8.09%Low
0.0816High
0.09136HEMI
71 observationsLive window
-6.71%Low
0.0060High
0.00647CHIP
71 observationsLive window
-6.28%Low
0.0491High
0.05308NEAR
71 observationsLive window
-6.22%Low
5.0770High
5.5430
Prices and trading activity
The most liquid assets are shown first so price movement is read alongside trading capacity rather than in isolation.
| Asset | Live price | 24h move | 24h range | Quote volume | Trades |
|---|---|---|---|---|---|
| BTC | 82,460 | -1.31% | 82227.56000 - 83726.39000 | 1383961522 | 3128654 |
| ETH | 2,537.570000 | -1.59% | 2527.57000 - 2587.28000 | 779229787 | 2976011 |
| SOL | 113.070000 | -3.45% | 112.83000 - 117.23000 | 235796803 | 655320 |
| NEAR | 5.100000 | 1.07% | 4.96300 - 5.59500 | 233147971 | 951018 |
| USD1 | 0.999510 | -0.01% | 0.99858 - 0.99981 | 212442660 | 336723 |
| ZEC | 1,206.600000 | -7.52% | 1194.47000 - 1348.00000 | 209777285 | 528080 |
| XRP | 1.394500 | -3.72% | 1.38900 - 1.44970 | 188471525 | 563568 |
| RLUSD | 1.000600 | 0.03% | 1.00020 - 1.00080 | 84488356 | 4029 |
| DOGE | 0.087020 | -2.25% | 0.08518 - 0.08971 | 83614096 | 462603 |
| SUI | 1.112900 | -0.69% | 1.09800 - 1.14680 | 67343964 | 446860 |
| BNB | 762.510000 | -0.61% | 760.28000 - 776.23000 | 65364973 | 408040 |
| PUMP | 0.005765 | -9.34% | 0.00568 - 0.00652 | 62082129 | 448783 |
| UNI | 7.693000 | -3.45% | 7.68700 - 8.02900 | 61842071 | 259479 |
| AVAX | 10.665000 | -3.03% | 10.64000 - 11.40600 | 58431540 | 460876 |
| MET | 0.477700 | 45.95% | 0.31280 - 0.54680 | 48759456 | 426847 |
| XAUT | 4,125.430000 | 0.08% | 4075.43000 - 4143.75000 | 40791466 | 82901 |
| SAND | 0.072750 | 3.81% | 0.06934 - 0.08806 | 37527817 | 497443 |
| ADA | 0.249800 | -1.96% | 0.24850 - 0.25820 | 37184475 | 153204 |
| ENA | 0.216800 | -5.66% | 0.21500 - 0.23420 | 35286049 | 193524 |
| SNDKB | 1,668.730000 | 2.44% | 1618.82000 - 1732.94000 | 33020353 | 205854 |
| WLD | 0.516100 | 0.35% | 0.50880 - 0.53390 | 32875121 | 231723 |
| QNT | 236.650000 | -1.71% | 233.07000 - 256.00000 | 32135552 | 295394 |
| TRX | 0.335600 | 0.51% | 0.33370 - 0.33660 | 30119224 | 66450 |
| TAO | 279.300000 | -4.12% | 278.20000 - 294.30000 | 28387499 | 127297 |
| HYPE | 85.340000 | -4.16% | 85.19000 - 89.55000 | 27924948 | 66565 |
| LTC | 64.150000 | -4.27% | 63.91000 - 67.14000 | 27047617 | 211613 |
| SPCXB | 166.180000 | -1.51% | 165.82000 - 171.36000 | 24525173 | 78948 |
| RAY | 2.451700 | 1.46% | 2.37690 - 2.57290 | 23855868 | 212595 |
| U | 0.999700 | 0.02% | 0.99940 - 0.99990 | 23839404 | 24558 |
| AAVE | 170.700000 | -0.87% | 169.07000 - 176.15000 | 23738156 | 149724 |
What the data covers
The dashboard combines completed-session structure with live exchange observations. Liquidity, participation, direction and relative leadership remain separate dimensions; no single reading is treated as a forecast or an investment instruction.
The index is stronger than the wider market
Large, liquid assets are carrying more of the move than the average crypto asset. That favours selective leaders and pullback tests, not a broad assumption that every coin is improving.
44.7% of observed assets are advancing
Narrow participation increases selection risk.
Deep core liquidity
Median spread 0.92 bps; visible depth 76.4M.
Leverage contracting
Funding 1.45% annualised; 38% show rising open interest.
Supply-led flow
Combined spot and perpetual pressure: -7.4M.
RLC
Relative leader; Market Dynamics +1.54.
FOGO
Relative laggard; Market Dynamics -0.73.
Next check: Use the index leaders first and require the wider participation reading to improve before broadening the watchlist.
Risk: Further deterioration in participation would make the index move increasingly concentrated.
Updates while this view is open