Regime read: **NEUTRAL** (score +0/8). DXY is weakening (-0.01%), a tailwind for long crypto scalps. VIX at 14.5 is calm — normal spread/liquidity conditions expected. NQ futures are down 0.69% — 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 59.0% (+0.02pp vs yesterday). USDT dominance is falling (-0.06pp) — dry powder is deploying, tailwind for longs. 1 risk flag(s) raised — see below before sizing up.
Regime Score
Signal
Score
DXY
+0
VIX
+1
NQ
-1
USDT.D
+0
Flags
BTC/NQ correlation is low (-0.06 over 19d) — treat this as a decoupled regime and downweight DXY/NQ signals.