Every Coindaily indicator, one number. Valuation, momentum, sentiment, risk appetite and positioning are normalised and weighted into a live 0 to 100 market temperature - 0 is capitulation, 100 is euphoria - with the drivers laid out underneath.
| Indicator | Live reading | Heat | Weight | Contribution |
|---|
The Composite Score measures market temperature, not direction. Low readings mean the board is washed out - cheap valuation, fearful sentiment, soft momentum - the conditions under which cycle bottoms have historically formed. High readings mean everything is running hot at once - the conditions of cycle tops. The middle is where most of the time is spent, and there the pillar breakdown matters more than the headline number: cheap valuation with building momentum reads very differently from stretched valuation with fading momentum at the same composite level.
Capitulation territory. Everything is washed out at once - historically where cycle bottoms formed, and where patience has paid best.
Subdued sentiment, reasonable valuation. The classic accumulation zone - unexciting on purpose.
Equilibrium. No pillar at an extreme - direction tends to come from fresh catalysts, not from positioning.
Momentum and risk appetite elevated but short of euphoria. Bull trends live here - and so do their sharpest shakeouts.
Everything hot at once - valuation stretched, sentiment euphoric, longs crowded. Historically the territory of cycle tops.
A thermometer, not a timer. Markets can run hot or cold far longer than seems reasonable - use the score to size risk and set expectations, never as a standalone buy or sell signal.
All eight Coindaily indicators, grouped into five pillars: Valuation 30% (MVRV Z-Score 15, Rainbow trend offset 15), Momentum 25% (Bitcoin RSI 15, market-wide RSI breadth 10), Sentiment 20% (Fear & Greed), Risk appetite 15% (Altcoin Season 10, Bitcoin Dominance inverted 5) and Positioning 10% (Binance account long/short). Each is normalised to 0-100 with fixed published mappings, then weight-averaged. As new indicators join the indicator desk, they are added to the composite and the weights rebalance.
Valuation gets the most weight because it has historically mattered most at the extremes - MVRV and trend-offset extremes have marked cycle turns. Momentum and sentiment carry the middle of the cycle. Risk appetite and positioning are the lightest because they are the fastest-moving and noisiest. The weights are judgment, held fixed and published so the score is comparable day to day - not fitted to past data.
Its component is excluded and the remaining weights renormalise, with the component board showing a dash for that row. The page never substitutes a modelled value for a live one. If fewer than four components are live, no score is shown at all.
As a summary of which way the evidence tilts, nothing more. It leans higher when valuation is cheap, momentum is building, sentiment is fearful or shorts are crowded - and lower on the opposites. The percentages are a deterministic model output, not backtested probabilities. Extremes in any single pillar can override everything else in practice.
No. The Composite Score is general information - a transparent summary of public indicators. It is context for understanding market conditions, not a recommendation to buy or sell anything. See our Disclaimer.