Market overview
The tape opened the week with conviction the bears haven't seen since the spring drawdown. Bitcoin closed Saturday-to-Saturday above the 100-hour SMA, found a base at $60,746, and ran the table into a $65,847 print before consolidating above the 23.6% Fib retracement at $64,500. The bid wasn't just BTC. Ethereum cleared $1,680 and stamped $1,731. XRP carved out $1.1926. Solana, Cardano, Dogecoin all sat in the green column of the sentiment ledger.
The numbers behind the move are emphatic. Cryptomat's pulse score reads 98 on a 0-100 scale, the extreme-greed band, and 98.6% of the 147 classified articles we processed in the past 24 hours tilt bullish. Only 1.4% lean bearish, and zero are neutral. That kind of one-sided positioning is the part that should make a desk trader uncomfortable, not the price itself.
The contrast paragraph belongs here. The headline reads risk-on, but the Cryptomat CryptoBeast composite tells a more divided story. Market average sits at 46.4, well below the top scorers (ETH 70, SOL 69, XRP 69) but pulled there by a long tail of bearish-labeled names: AVAX, DOT, HBAR, BCH, UNI, APT, MATIC, ICP, ATOM, ARB, FET, RNDR, AGIX, OCEAN, TAO, AKT, MKR, CRV, INJ, GRT, RUNE, DYDX, LDO, PENDLE, SUI, SEI, TIA, FTM, ALGO, STRK, IMX, FIL, AR, VET, HNT. The majors are running. The middle of the order book isn't.