Euphoria Score
Tracking market overheating conditions, starting with Bitcoin
Live Module
Bitcoin Euphoria Score
Last updated: Oct 24, 2026, 07:11 AM UTC
Market conditions are neutral. Fear & greed index, btc open interest, btc funding rate show balanced activity. No clear euphoria signals at this time.
Score History
Metric Breakdown
BTC Funding Rate
25% weight
+6.8 pts
Funding rate is 0.0040%, near neutral. No strong directional bias in perpetual markets.
BTC Open Interest
25% weight
+7.3 pts
Open interest is $2.5B, at moderate levels. Normal derivatives activity.
BTC Dominance
10% weight
+2.2 pts
BTC dominance is 59.5%, elevated. Capital is concentrated in Bitcoin, suggesting risk-off positioning.
Altcoin Relative Performance
15% weight
+4.5 pts
Altcoins are underperforming BTC by 2.5pp. Capital is flowing to safety.
Fear & Greed Index
15% weight
+7.7 pts
Fear & Greed Index is at 51 (Neutral). Market sentiment is balanced.
Macro Risk Proxy
10% weight
+1.3 pts
Macro conditions are risk-off. Market is down 3.9% with subdued volume. Risk appetite is low.
What is Driving the Score
Weighted contribution of each metric to the composite score of 59.5
About Euphoria Score
Euphoria Score is a platform for tracking market overheating conditions across asset classes. Bitcoin Euphoria Score is the first live model, combining derivatives data, sentiment indicators, and macro signals into a single daily composite score. More modules are coming soon.