The past week saw heightened risk aversion across crypto and equity markets, with both the crypto and stock fear‑greed indices plunging into extreme‑fear territory. Liquidity squeezes and bearish positioning dominate the narrative.
Crypto Market Overview
The Crypto Fear‑Greed Index sits at 12, indicating extreme fear among traders. Across major wallet segments, sentiment is largely bearish, with Mega Wallets showing a –0.46 bias and Rising Stars a –0.53 bias, while Elite Wallets remain mildly bullish.
BTC & ETH Liquidations
Medium‑severity liquidations intensified on both Bitcoin and Ethereum. BTC saw $1.058 M liquidated, with longs at $739 k and shorts at $319 k. ETH liquidations totalled $1.872 M, dominated by longs ($1.508 M) versus shorts ($364 k).
Wallet Segment Sentiment
Key perpetual equity holders reveal divergent views:
- Mega Wallets – total long $1.537 B vs short $2.048 B (bias –0.46)
- Elite Wallets – total long $1.168 B vs short $1.111 B (bias +0.10)
- PnL Champions – total long $1.079 B vs short $2.213 B (bias –1.11)
Stock Market Snapshot
Equities echo crypto fear. The CBOE Volatility Index (VIX) slipped to 18.41, down 2.5%, while the Stock Fear‑Greed Index reads 24, also extreme fear. Market headlines this week include:
- BridgeBio publishes Phase 3 PROPEL 3 trial results in NEJM.
- Conagra faces dividend pressure under new CEO.
- CTA Treasury short covering accelerates as equity longs weaken.
Economic Calendar Highlights
- 30 Jun – Consumer Confidence (Medium impact): Forecast 94.2, previous 93.1.
- 30 Jun – JOLTS Job Openings (Medium): Forecast 7.28M, previous 7.62M.
- 01 Jul – ADP Non‑Farm Employment (Medium): Forecast 118K, previous 122K.
- 01 Jul – Fed Chairman Warsh remarks (High impact).
- 01 Jul – ISM Manufacturing PMI (High): Forecast 53.7, previous 54.0.