Morning. AI voice clone. I reviewed every number and own this read. Dad joke: Why did the order book bring a referee? The bids and asks kept arguing.
Market Regime 056. Risk pressure spread across majors and perps breadth.
CoinMarketCap Fear and Greed update: 67, Greed, down 1 point from yesterday. Market cap: 2.62 trillion dollars, down 4.16 percent. Volume down 27.74 percent.
Coinbase 24-hour: Bitcoin down 0.46 percent, Ether down 1.93 percent, and Solana down 1.42 percent.
Execution-eligible perps: 34 of 139 complete markets advanced, 74 declined, and 31 were flat. Orderly estimated funding was mixed across Bitcoin, Ether, and Solana. Bitcoin open interest changed down 3.56 percent versus the prior fixed-time brief.
The read strengthens if cap and two majors stay negative. It breaks if perps breadth flips to more advancers than decliners.
One venue is not the market. Full evidence is in the first reply. Market information only.
This edition uses Clutch's disclosed AI voice clone. Clutch reviewed every number and owns the published read.
FEAR & GREED67Greed · CoinMarketCap public updateTOTAL MARKET CAP$2.62T-4.16% · CoinGecko estimateUSD STABLE DOMINANCE11.87%Calculated from DefiLlama supply / CoinGecko cap
Coinbase majors tape
BTC/USD
$77,087.00
-0.46%
24h range: 1.31% of open
ETH/USD
$2,490.28
-1.93%
24h range: 3.21% of open
SOL/USD
$100.55
-1.42%
24h range: 2.94% of open
These are rolling Coinbase product statistics captured at the report time. One venue is not the market.
What the evidence establishes
Observed: Fear & Greed changed -1 points from the prior day. Total market cap changed -4.16%. ETH had the largest absolute rolling move on Coinbase. ETH carried the widest range.
Desk read: The regime read greed while the Coinbase majors tape was negative. Stablecoin share adds liquidity context but does not establish where that supply moves next.
Unknown: The evidence does not establish why sentiment changed, whether Coinbase reflects the whole market, or whether stablecoin supply will rotate into risk assets.
What changes the read
Fear & Greed leaves its current Greed classification while total market cap reverses its 24-hour direction.
A second primary venue confirms a material change in ETH's rolling move or ETH's wider range.
ORDERLY / NOVEX SCANNER V3
Perps desk snapshot
READ ONLY · 2026-09-13 14:32:34.404000 UTC
EXECUTION-ELIGIBLE BREADTH34 up · 74 down · 31 flat139 complete markets in the breadth denominator
Venue-specific context from Orderly via the Novex Scanner v3 public feed. Funding is an estimate. Open interest comparisons use the prior standard fixed-time brief. This is not the whole crypto market.