Daily Market Scan — 2026-08-25

NEUTRAL (-1/8)

Narrative Summary

Regime read: **NEUTRAL** (score -1/8). DXY is strengthening (+0.19%), a headwind for long crypto scalps. VIX at 15.9 is calm — normal spread/liquidity conditions expected. NQ futures are down 0.87% — a headwind against risk-on crypto flow during the US/London overlap. Note: BTC/NQ correlation is currently low — the TradFi read above should carry less weight than usual today. BTC dominance is 59.1% (-0.04pp vs yesterday). USDT dominance is falling (-0.00pp) — dry powder is deploying, tailwind for longs. CVD/price divergence detected on BTCUSDT over the last 24h — watch for a stop run or reversal before chasing the current move. 2 risk flag(s) raised — see below before sizing up.

Regime Score

SignalScore
DXY+0
VIX+0
NQ-1
USDT.D+0

Flags

TradFi

InstrumentLast% Chg
DXY98.99+0.19%
VIX15.85+4.76%
NQ29131.25-0.87%
ES7674.25-0.22%

BTC/NQ 20d rolling correlation: -0.01

Crypto Anchors

BTC Dominance59.06792915095309
USDT Dominance6.832528893952077
DVOL43.41

Derivatives Positioning

SymbolLast24h %Funding (8h)OIOI Trend
BTCUSDT78901.80+1.16%0.0002%47446-1.1%
ETHUSDT2480.30-0.06%0.0056%797648-1.3%

CVD Approximation (BTCUSDT)

Cumulative taker delta-1,182
Price change+1.40%
DivergenceYES