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Cycle ledger

Measured cycle coordinates for metals and money, stocks and crypto. Every number below carries the reference window it was measured over. This page ranks nothing and recommends nothing.

Descriptive coordinates only. No axis on this page is a forecast, a phase, or a score.

Produced 2h ago 2026-08-24 22:20 UTC

Metals & money

Real 10y rate +1.3% 10y 4.70% − CPI +3.4% y/y (July 2026)

Basis: 10y Treasury yield minus CPI y/y; CPI as published today (BLS revises)

Ratio regimes
PairDirectionDistance to lineIn ATRReference window
BTC vs ETHBear-21.8%2.50 ATRMonthly context · last closed month 2026-07
Gold vs S&P 500Bear-21.6%3.10 ATRMonthly context · last closed month 2026-07
Silver vs GoldBear-24.6%2.74 ATRMonthly context · last closed month 2026-07

Stocks

Equity breadth 64.5% Bull – 20 of 31

50th percentile of 2004-2026

Crypto

BTC vs ETH Bear -21.8% · 2.50 ATR

Monthly context · last closed month 2026-07

Also listed in the ratio-regime table above.

US dollar (DXY)

1D Bear · 1W Bull

Alt breadth 100.0% Bull – 63 of 63

88th percentile of 2026-08-17..2026-08-24

young record

Meme subset breadth 8 of 8 Bull

The subset, in full: DOGE, PEPE, BONK, WIF, FARTCOIN, TRUMP, PENGU, MON

Meme churn 6 direction changes

trailing 7 days, 1D m3, meme subset

direction changes across the subset; churn is a description of chop, not a signal

Funding

AssetFunding %/8hCrowded side24h volume
CASHCAT+0.492%Longs paying$34M
PURR+0.087%Longs paying$16M
VVV+0.086%Longs paying$9M
ZEC+0.052%Longs paying$413M
LINK+0.040%Longs paying$17M

Positive funding is paid by the crowded side of the book to the other side. This column states who is paying whom, and nothing else.

Threshold ±0.010% per 8h Volume floor $5M over 24h Venue hyperliquid

38 assets cleared the threshold on the last run; 5 shown.

Where this detector came from: detector harvested from the retired nuclear paper trader; detection only, its trade mapping was deliberately left behind

Last refresh: --:--:-- ET Data mode: Closed candles