Market overview
The headline number is the pulse score: 86, labelled extreme greed, with a stable trend and a 24-hour change of minus 2. That score is built off 147 classified articles in the last day, 89.1% of them tagged bullish and 10.9% bearish, with the neutral bucket empty. Average article importance came in at 5.6 on a 10-point scale, so this is not a pulse driven by low-signal noise.
Underneath the headline, the dispersion is wider than the score suggests. Cryptomat's CryptoBeast composite, which mixes sentiment (35% weight), news volume (25%), market trend (25%) and on-chain (15%), prints a market average of 45.7 across 57 tokens. That gap, an 86 pulse with a sub-50 composite average, is the read of the day: narrative is hot at the top of the book, and cold everywhere else.
The top five CryptoBeast scorers are SOL, XRP, BTC, ETH and XLM. The bottom five are WIF, FLOKI, BONK, PEPE and HNT. Majors and high-importance L1s are pulling the index. The memecoin complex is doing the opposite.
For context on positioning, see the BTC/USD 4h chart at time of writing alongside the ETH/USD 4h chart for the divergence between the two majors. Ether has been the structural laggard this week.