Daily Market Report

Geopolitical Shock Splits Equities From Crypto

Live Refreshed 28 May 2026 14:45 UTC · 16:45 CEST

01Daily Summary

Mixed Signals
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Crypto buckled under geopolitical stress: BTC fell 3.5% to $72,713 while BTC ETFs hemorrhaged $733M in a single session, pushing crypto Fear & Greed to 22 (Extreme Fear). Yet equities shrugged it off. The S&P 500 rose 0.29% to 7,542, buoyed by a VIX at 16.00 and equity sentiment still reading Greed at 61. WTI crude surged 3.0% to $112.25 and gold added 0.9% to $4,487.30. The split is stark: late-cycle valuations (CAPE 10 at 42.3, over 2x the long-run mean) leave equities vulnerable if the geopolitical bid in oil persists.

S&P 500+0.29%NASDAQ+0.35%US10Y−6 bpWTI+2.99%Gold+0.87%BTC−3.46%ETH−4.36%DXY−0.05%VIX−1.78%

02Macro Snapshot

Mixed signals
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ
Benchmark Rates Latest Δ vs Prior Released Next Release Implication
Fed Ratei 3.50 – 3.75 % unchanged 29 Apr 2026 17 Jun 2026 The 3.50–3.75 % fed funds band keeps risk assets under pressure.
ECB Ratei 2.00 % unchanged 16 Apr 2026 4 Jun 2026 ECB rate at 2.00 % supports European risk assets and lower EUR yields.
BoJ Ratei 0.75 % unchanged 28 Apr 2026 16 Jun 2026 BoJ rate at 0.75 % maintains attractive JPY carry trade for global risk.
SOFRi 3.63 % unchanged daily tomorrow SOFR at 3.63 % signals stable short-end USD funding for risk assets.
IPOR USDCi 3.63 % +0 bp real-time — USDC IPOR at 3.63 % matches SOFR showing parity in onchain USD leverage.
IPOR WETHi 1.79 % −1 bp real-time — WETH IPOR at 1.79 % indicates cooling onchain ETH leverage demand.
ETH Ratei 2.46 % — real-time — ETH staking yield at 2.46 % reflects steady validator demand and fee revenue.
Inflation Latest Δ vs Prior Released Next Release Implication
CPI YoY (headline)i 3.8 % +0.6 pp 12 May 2026 10 Jun 2026 Headline CPI at 3.8 % keeps Fed cautious on further rate cuts.
CPI YoY (core)i 2.8 % +0.1 pp 12 May 2026 10 Jun 2026 Core CPI at 2.8 % shows moderate stickiness in underlying inflation.
PPI YoY (headline)i 6.0 % +1.7 pp 13 May 2026 11 Jun 2026 PPI at 6.0 % signals upstream inflation running hotter than CPI.
PPI YoY (core)i 5.2 % +1.3 pp 13 May 2026 11 Jun 2026 Core PPI at 5.2 % indicates persistent upstream inflation above core CPI.
Labor Latest Δ vs Prior Released Next Release Implication
Nonfarm Payrollsi (m/m) 158.74 M jobs +115 k 8 May 2026 5 Jun 2026 NFP at +115 k signals softening labor market conditions.
Unemployment Ratei 4.3 % unchanged pp 8 May 2026 5 Jun 2026 Unemployment at 4.3 % points to rising slack in the labor market.
Activity Latest Δ vs Prior Released Next Release Implication
Industrial Productioni (YoY) +1.4 % +0.6 pp 15 May 2026 15 Jun 2026 Industrial production at +1.4 % YoY shows modest manufacturing strength.
Retail Salesi (m/m) +0.5 % −1.4 pp 14 May 2026 17 Jun 2026 Retail sales at +0.5 % m/m indicate steady consumer demand.
ISM Manufacturing PMIi 52.7 +0.3 April 2026 — ISM manufacturing at 52.7 confirms expansion in the factory sector.
ISM Services PMIi 53.6 -0.4 April 2026 — ISM services at 53.6 signals continued expansion in the services sector.
Yield Curve Latest Δ vs Prior Released Next Release Implication
US 10Y2Y Spreadi 49 bp — daily tomorrow Positive curve. Recession odds receding.
Sentiment Latest Δ vs Prior Released Next Release Implication
CNN Fear & Greedi (Equity) 61 (Greed) +0 daily tomorrow CNN Fear & Greed at 61 reflects Greed in equity markets.
Crypto Fear & Greedi 22 (Extreme Fear) −3 daily tomorrow Crypto Fear & Greed at 22 signals Extreme Fear creating potential opportunity.
News Sentimenti −21 (Fear) −38 every 30 min — News sentiment at −21 indicates Fear in the current narrative cycle.

03News Sentiment

Fear
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ
Last 7 days · overall score (EWMA-smoothed) range −38 to +43 · current −21 (Fear) · −38 24h
7 days ago today
Direction
bull 29% bear 71% ± 13% uncertainty
Coverage
macro 62% crypto 24% mixed 14%
What's driving today's news sentiment Top 8 · sorted by impact
+32 Bullish short-term
Prediction Market Myriad launches $100K World Cup trading competition
A $100K prize pool incentivizes top traders on FIFA World Cup-linked prediction markets, boosting user engagement and crypto adoption prospects.
decrypt.coconf 85% Market-Wide
−30 Bearish Bitcoin dips below $73K despite Trump’s CLARITY Act push bloomberg.com
−25 Bearish Commodity and USD Pressure Suggest Short-term Crypto Market Weakness nasdaq.com
−18 Neutral Fed's Jefferson signals inflation cooling but flags upside risks bloomberg.com
−14 Neutral Fed official signals skepticism on AI easing inflation prospects bloomberg.com
−10 Neutral Modest Dollar Recovery Amid Mixed US-Iran Peace Prospects nasdaq.com
−10 Neutral Bank ETF perspective amid expected Fed rate hikes and risk environment nasdaq.com
+8 Neutral Alphabet's AI leadership underscores long-term tech growth potential before 2027 nasdaq.com

04.1Tech Equitiesi

Bullish
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

The mega-cap cohort split 6-of-9 green but the gains were uneven. MSFT led decisively at +3.12%, with AMD adding +2.51%, while INTC dragged at -2.86% and AMZN slipped -0.65%. Outside those outliers, moves were modest, keeping the cohort's net contribution mildly positive.

AAPLApple
$311.48+0.20%
Day Range $309.60 — $312.80
P/E TTMi37.4 P/E Fwdi32.4 50-DMAi+14.1% 200-DMAi+18.7% RSI(14)i79 YTDi+14.8% % from ATHi−0.6% Sharpe(1Y)i+1.78
MSFTMicrosoft
$425.56+3.12%
Day Range $412.67 — $429.41
P/E TTMi25.2 P/E Fwdi21.9 50-DMAi+6.1% 200-DMAi−7.4% RSI(14)i57 YTDi−10.5% % from ATHi−23.4% Sharpe(1Y)i+0.58
GOOGLAlphabet
$389.89+0.27%
Day Range $385.16 — $390.44
P/E TTMi29.4 P/E Fwdi27.5 50-DMAi+13.2% 200-DMAi+30.8% RSI(14)i61 YTDi+23.6% % from ATHi−4.6% Sharpe(1Y)i+3.00
AMZNAmazon
$270.09−0.65%
Day Range $267.44 — $272.33
P/E TTMi32.0 P/E Fwdi30.7 50-DMAi+10.6% 200-DMAi+16.9% RSI(14)i59 YTDi+18.8% % from ATHi−3.0% Sharpe(1Y)i+1.36
NVDANVIDIA
$212.12−0.23%
Day Range $211.22 — $214.28
P/E TTMi32.3 P/E Fwdi24.0 50-DMAi+7.1% 200-DMAi+13.2% RSI(14)i50 YTDi+12.2% % from ATHi−10.3% Sharpe(1Y)i+2.11
METAMeta Platforms
$636.58+0.21%
Day Range $629.31 — $643.00
P/E TTMi22.9 P/E Fwdi19.4 50-DMAi+3.0% 200-DMAi−4.7% RSI(14)i58 YTDi−2.0% % from ATHi−20.1% Sharpe(1Y)i+0.70
TSLATesla
$440.87+0.12%
Day Range $436.30 — $442.09
P/E TTMi367.8 P/E Fwdi231.6 50-DMAi+13.0% 200-DMAi+7.2% RSI(14)i63 YTDi+0.4% % from ATHi−11.6% Sharpe(1Y)i+1.33
INTCIntel
$118.29−2.86%
Day Range $116.31 — $123.08
P/E TTMin/a P/E Fwdi109.9 50-DMAi+48.8% 200-DMAi+145.4% RSI(14)i63 YTDi+200.0% % from ATHi−10.9% Sharpe(1Y)i+2.64
AMDAMD
$508.00+2.51%
Day Range $493.52 — $512.38
P/E TTMi165.4 P/E Fwdi68.3 50-DMAi+61.1% 200-DMAi+117.0% RSI(14)i76 YTDi+128.9% % from ATHi−0.9% Sharpe(1Y)i+2.84

04.2Indices

Mixedi
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

U.S. large-cap benchmarks diverged along growth-vs-value lines: the S&P 500 added +0.29% and the Nasdaq +0.35%, while the Dow slipped -0.16% and the Russell 2000 edged down -0.15%. The SPX-vs-RSP YTD gap sits at +2.10 pp (9.88% vs 7.78%), narrow enough that breadth is not yet alarming but still tilted toward cap-weighted leadership. VIX eased to 16.0, down nearly 2%, signaling subdued near-term hedging demand. Overseas markets were broadly softer, with the Hang Seng off -1.27%, the Nikkei -0.47%, and the FTSE -0.71%, leaving the MSCI World (URTH) barely positive at +0.09%.

US Equity Benchmarks
SPXS&P 500
7,541.85+0.29%
Day Range 7,508.04 — 7,554.73
50-DMAi+7.4% 200-DMAi+10.6% RSI(14)i71 YTDi+9.9% % from ATHiATH Sharpe(1Y)i+2.56
IXICNasdaq Comp.
26,767.93+0.35%
Day Range 26,588.52 — 26,804.81
50-DMAi+11.1% 200-DMAi+15.7% RSI(14)i72 YTDi+15.1% % from ATHiATH Sharpe(1Y)i+2.65
DJIDow Jones Ind.
50,561.51−0.16%
Day Range 50,314.34 — 50,764.04
50-DMAi+4.5% 200-DMAi+6.1% RSI(14)i63 YTDi+4.5% % from ATHi−0.2% Sharpe(1Y)i+1.87
RUTRussell 2000
2,915.64−0.15%
Day Range 2,897.85 — 2,921.27
50-DMAi+7.9% 200-DMAi+14.3% RSI(14)i64 YTDi+16.2% % from ATHi−0.2% Sharpe(1Y)i+2.07
SOXXSemiconductors
563.80−0.03%
Day Range 554.83 — 567.00
50-DMAi+31.6% 200-DMAi+69.3% RSI(14)i72 YTDi+79.7% % from ATHi−1.1% Sharpe(1Y)i+3.35
Risk & Breadth Gauges
RSPiS&P 500 Eq-Wt
207.81+0.16%
Day Range 206.64 — 208.31
50-DMAi+4.2% 200-DMAi+7.0% RSI(14)i66 YTDi+7.8% vs SPX YTDi−2.1pp Cap-weight sharei+21%
VIXiVolatility Idx
16.00−1.78%
Day Range 15.96 — 16.85
50-DMAi−21.2% 200-DMAi−12.9% RSI(14)i38 YTDi+10.3%
DXYTrade-Wt. USD
111.87−0.05%
5-day Range 111.51 — 111.93
50-DMAi+0.3% 200-DMAi+0.4% RSI(14)i60 YTDi+0.6%
World Markets
FTSEFTSE 100
10,430.56−0.71%
Day Range 10,381.21 — 10,505.38
50-DMAi+0.9% 200-DMAi+5.1% RSI(14)i53 YTDi+4.9% % from ATHi−4.6% Sharpe(1Y)i+1.92
N225Nikkei 225
64,693.12−0.47%
Day Range 63,875.04 — 65,165.75
50-DMAi+11.8% 200-DMAi+25.8% RSI(14)i66 YTDi+24.8% % from ATHi−1.3% Sharpe(1Y)i+2.59
HSIHang Seng
25,006.17−1.27%
Day Range 24,727.26 — 25,230.58
50-DMAi−3.0% 200-DMAi−3.9% RSI(14)i36 YTDi−5.1% % from ATHi−10.9% Sharpe(1Y)i+0.73
Global Equity Baskets
URTHMSCI World
204.10+0.09%
Day Range 203.29 — 204.49
50-DMAi+6.4% 200-DMAi+9.7% RSI(14)i68 YTDi+9.4% % from ATHiATH Sharpe(1Y)i+2.40
EEMMSCI Emerging
68.25−0.20%
Day Range 67.42 — 68.38
50-DMAi+9.9% 200-DMAi+19.8% RSI(14)i63 YTDi+21.2% % from ATHi−0.2% Sharpe(1Y)i+2.26
Valuations
CAPE 10iShiller P/E
42.3Overvalued
−0.02% today
Long-run mean17.4 Median16.1 All-time high44.2 (Dec 1999) % from ATHi−4.2%
Trailing P/EiS&P 500 (TTM)
32.4Overvalued
−0.02% today
Long-run mean16.2 Median15.1 All-time high123.7 (May 2009)
Buffett IndicatoriCorp Equities / GDP
232.7Overvalued · ATH
 
Long-run mean85.7 Median72.0 Previous peak229.4 (Q3 2025) vs prev peaki+1.5%
Sector Rotationi 11 GICS sectors · today's % change · sorted best to worst
Energy+1.34%
Industrials+0.36%
Healthcare+0.31%
Financials+0.16%
Real Estate+0.08%
Telecom−0.06%
Tech−0.20%
Staples−0.48%
Utilities−0.66%
Discretionary−0.73%
Materials−1.58%

04.3US Rates · Treasuries & Credit

Bid
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

The Treasury curve rallied across the board, led by the front end: the 2Y fell 12 bp to 4.01% while the 10Y dropped 6 bp to 4.50% and the 30Y eased 4 bp to 5.03%, steepening the 2s10s spread to +49 bp. The move was almost entirely real: 10Y TIPS real yield declined 6 bp to 2.10% while the 10Y breakeven barely budged at 2.39% (-1 bp), suggesting the bid was driven by growth or positioning rather than inflation repricing. Credit markets were calm, with HY OAS tightening 1 bp to 271 and IG OAS flat at 74, offering no sign of stress despite the duration rally.

US2YiTreasury 2Y
4.01%−12 bp
5D range 4.01 — 4.13
5-day Δ−6 bp YTD Δ+54 bp
US10YiTreasury 10Y
4.50%−6 bp
5D range 4.50 — 4.67
10–2 spread+49 bp YTD Δ+31 bp
US30YiTreasury 30Y
5.03%−4 bp
5D range 5.03 — 5.18
5-day Δ−11 bp YTD Δ+17 bp
Fiscal
US Debt & Servicing
US Debt & Servicing
Total Public Debti
$39.17T +$59.0B (1d)
+8.2% YoY
Annual Interest (gross)i
$1.31T +9.8% YoY
gross · avg rate 3.34%
Rate & Rollover Risk
Wtd Avg Rate on Debti
3.34% +0.05pp YoY
on total interest-bearing debt
Maturing < 1 Yeari
25.6%
~$10.04T · refinancing-risk gauge
Macro Bond
Real Rates & Credit
Real Rates & Inflation Expectations
10Y TIPS Reali
2.10% −6 bp
10Y nominal − inflation expectations
10Y Breakeveni
2.39% −1 bp
market-implied 10Y CPI
Credit Spreads
HY OASi
2.71% −1 bp
ICE BofA US HY
IG OASi
0.74% 0 bp
tight · late-cycle

04.4Japan Rates · JGB Curve

Bid
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Japanese Government Bond yields across the curve. Falling yields = bond prices up (bid); rising yields = bonds offered. BoJ policy moves transmit here first and set the JPY carry-trade backdrop.

JP2YiJGB 2Y
1.40%−2 bp
5D range 1.40 — 1.45
5-day Δ−6 bp YTD Δ+20 bp
JP10YiJGB 10Y
2.69%−3 bp
5D range 2.69 — 2.75
10–2 spread+129 bp YTD Δ+58 bp
JP30YiJGB 30Y
3.86%−1 bp
5D range 3.86 — 3.94
5-day Δ−14 bp YTD Δ+46 bp

04.5Commodities

Bullish
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Energy surged across the complex, with WTI crude up +2.99%, Brent +2.43%, and natural gas jumping +6.23%. Gold extended its bid to $4,487.30 (+0.87%), while silver diverged modestly lower at $74.58 (-0.42%).

CLWTI Crude
$112.25+2.99%
5D range $104.52 — $112.25
50-DMAi+12.7% 200-DMAi+56.5% RSI(14)i62 YTDi+96.2%
COBrent
$116.73+2.43%
5D range $110.28 — $116.73
50-DMAi+4.5% 200-DMAi+50.0% RSI(14)i55 YTDi+88.3%
NGNatural Gas
$3.07+6.23%
5D range $2.79 — $3.07
50-DMAi+6.7% 200-DMAi−16.7% RSI(14)i59 YTDi+8.9%
XAUGold
$4,487.30+0.87%
5D range $4,395.60 — $4,504.00
50-DMAi−4.0% 200-DMAi−1.6% RSI(14)i40 YTDi+2.4%
XAGSilver
$74.58−0.42%
5D range $72.00 — $75.23
50-DMAi−3.2% 200-DMAi+4.4% RSI(14)i44 YTDi+2.8%

04.6Crypto Assets

Bearish
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Crypto sold off broadly, with total market cap down -2.57% and the Fear & Greed index at 22 (Extreme Fear). BTC fell -3.46% to $72,712.52, ETH dropped -4.36% to $1,981.13, and SOL held up slightly better at -1.90% ($80.74). BTC dominance ticked to 57.6%, consistent with a risk-off rotation within the asset class. Perp funding remains positive (BTC +10.95% APR, ETH +1.43% APR), indicating longs are still paying to hold, even as spot ETF flows turned sharply negative at -$733M for BTC and -$67M for ETH on the latest day.

BTCBitcoin
$72,712.52−3.46%
Day Range $72,467.98 — $75,321.00
50-DMAi−5.7% 200-DMAi−9.3% RSI(14)i34 % from ATHi−42.3% Sharpe(1Y)i−1.15
ETHEthereum
$1,981.13−4.36%
Day Range $1,964.97 — $2,072.56
50-DMAi−12.3% 200-DMAi−21.6% RSI(14)i30 % from ATHi−59.4% Sharpe(1Y)i−1.46
SOLSolana
$80.74−1.90%
Day Range $79.88 — $82.63
50-DMAi−6.7% 200-DMAi−23.8% RSI(14)i36 % from ATHi−72.5% Sharpe(1Y)i−1.31
ENAEthena
$0.0866−6.95%
Day Range $0.0854 — $0.0935
50-DMAi−21.3% 200-DMAi−45.9% RSI(14)i31 % from ATHi−94.3% Sharpe(1Y)i−2.21
HYPEHyperliquid
$56.91−1.39%
Day Range $56.28 — $58.72
50-DMAi+26.9% 200-DMAi+64.1% RSI(14)i62 % from ATHi−9.1% Sharpe(1Y)i+0.78
PUMPPump.fun
$0.001636−8.74%
Day Range $0.001628 — $0.001855
50-DMAi−9.1% 200-DMAi−25.6% RSI(14)i39 % from ATHi−81.0% Sharpe(1Y)i−0.39
Crypto Market
Macro Indicators
Market Caps & Dominance
BTC Mcapi
$1.45T −3.46%
57.6% of total
ETH Mcap
$239.1B −4.36%
9.4% of total
Stablecoin Mcap
$319.6B −0.21%
circulating supply
Total Crypto Mcap
$2.53T −2.57%
global market cap
Trading Volumes (24h)
CEX Volume (spot)
$105.8B +7.20%
24h · CoinGecko aggregate
DEX Volume (spot)
$6.3B −3.96%
24h · DefiLlama all chains
CEX Volume (perp)
$288.7B +14.15%
24h · derivatives exchanges
Hyperliquid (perp)
$6.3B +10.69%
24h · 230+ markets
DeFi Activity
Global DeFi TVL
$79.4B 0%
all chains
Lending TVL
$39.5B −2.73%
money markets
DEX TVL
$12.8B −2.36%
liquidity pools
ETH Staking APR
2.46%
Lido stETH base rate
Leverage & Sentiment
BTC Fundingi
+10.95% APR longs pay
8h · Binance perp
ETH Fundingi
+1.43% APR longs pay
8h · Binance perp
BTC L/S Ratioi
1.32 large traders long
1.32× longs vs shorts
Crypto F&Gi
22 Extreme Fear
Δ −3 vs yesterday · 0-100
IPOR Rates
USDCi
3.63% +0.00 pp vs SOFR
24h avg 3.89%
USDTi
2.96% −0.67 pp vs SOFR
24h avg 2.95%
DAIi
2.77% −0.86 pp vs SOFR
24h avg 2.74%
WETHi
1.79% −0.01 pp vs avg
24h avg 1.80%

04.7Pre-IPO & Onchain Equity Perpsi

Bearishi
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Pre-IPO perps on Hyperliquid carry an average mark-vs-oracle premium of +14.03%, with Anthropic leading at +14.99%, followed by SpaceX at +13.88% and OpenAI at +13.22%.

SPACEXi SpaceX
$2.27T -0.25% 24h
+13.88% vs oraclei
Oraclei$2.00T Last roundi$137B · Jan 2023 Financialsi$18.7B · FY25 P/S (oracle)i106.7× OIi2,004 Fundingi+47.0%/yr Vol 24h$132k
Cross-venuei xyz:SPCX · $197.70/share · -2.14% · vol $8.1M
ANTHROPICi Anthropic
$1.40T -1.07% 24h
+14.99% vs oraclei
Oraclei$1.22T Last roundi$380B · Feb 2026 Financialsi$19.2B · Q1 26 P/S (oracle)i27.9× fwd · 63.4× TTM OIi5,313 Fundingi+51.8%/yr Vol 24h$209k
OPENAIi OpenAI
$1.29T -6.59% 24h
+13.22% vs oraclei
Oraclei$1.14T Last roundi$852B · Mar 2026 Financialsi$24B · Mar 26 P/S (oracle)i47.4× OIi2,556 Fundingi+43.4%/yr Vol 24h$184k
CRCLi Circle Internet
$104.24 -1.76% 24h
OIi356,776 Fundingi+11.3%/yr Vol 24h$31.4M
COINi Coinbase
$176.88 -0.84% 24h
OIi25,142 Fundingi+7.8%/yr Vol 24h$7.1M
MSTRi MicroStrategy
$146.63 -6.04% 24h
OIi100,959 Fundingi-11.8%/yr Vol 24h$15.2M

Sector-thematic equity baskets

MAG7i Magnificent 7
70.52 +0.77% 24h
OIi10,001 Fundingi+5.5%/yr Vol 24h$909k
SEMISi Semiconductors
593.56 +0.67% 24h
OIi562 Fundingi-30.1%/yr Vol 24h$82k
DEFENSEi Defense
67.25 +2.74% 24h
OIi1,738 Fundingi+5.5%/yr Vol 24h$32k
ROBOTi Robotics
40.01 -0.15% 24h
OIi1,918 Fundingi+5.5%/yr Vol 24h$52k
NUCLEARi Nuclear
131.01 -0.97% 24h
OIi1,200 Fundingi-196.3%/yr Vol 24h$62k

04.8Crypto Treasuries & Spot ETF Flows

Distributing
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Spot ETF flows were decisively negative: BTC funds saw -$733M on the day and -$1.27B over the trailing seven days, while ETH funds lost -$67M daily and -$141M weekly. SOL was the lone bright spot with +$1M daily and +$10M over seven days. Corporate and fund treasuries hold 1.27M BTC (6.06% of supply), 7.38M ETH (6.12%), and 18.46M SOL (3.19%).

Asset Total Held USD Value % of Supply Top Public Holders
₿
Bitcoin
BTC
 1.27 M BTC $92.6 B 6.06% Strategy 844k · XXI 44k · Metaplanet 40k · MARA Holdings 35k · Bitcoin Standard Treasury Company 30k
Ξ
Ethereum
ETH
 7.38 M ETH $14.7 B 6.12% BitMine Immersion 5.39M · SharpLink 869k · The Ether Machine 497k · Coinbase Global 151k · Bit Digital 140k
◎
Solana
SOL
 18.46 M SOL $1.5 B 3.19% Forward Industries 7.01M · DeFi Development Corp. 2.22M · Upexi 2.17M · Sharps Technology 2.08M · Solana Company 2.06M
Spot ETF Flows
Source: Farside Investors · AUM via FMP
BTC 13 funds · IBIT, FBTC, BITB… Top 5 of 13 funds (by AUM) 1. IBIT BlackRock $60.0 B 2. FBTC Fidelity $14.2 B 3. GBTC Grayscale $11.1 B 4. BITB Bitwise $4.7 B 5. BTC Grayscale Mini $4.0 B + 8 more Flow data as of 27 May 2026
AUM
$99.2 B
24h Flow−$733 M
7-day Flow−$1.27 B
YTD Flowi−$532 M
ETH 10 funds · ETHA, ETHB, FETH… Top 5 of 10 funds (by AUM) 1. ETHA BlackRock $6.2 B 2. ETH Grayscale Mini $1.9 B 3. ETHE Grayscale $1.6 B 4. FETH Fidelity $1.2 B 5. ETHB BlackRock $592.9 M + 5 more Flow data as of 27 May 2026
AUM
$12.0 B
24h Flow−$67 M
7-day Flow−$141 M
YTD Flowi−$804 M
SOL 6 funds · BSOL, VSOL, FSOL… Top 5 of 6 funds (by AUM) 1. BSOL Bitwise $560.0 M 2. GSOL Grayscale $109.7 M 3. VSOL VanEck $14.8 M 4. SOEZ Franklin $9.5 M 5. TSOL VanEck $3.2 M + 1 more Flow data as of 27 May 2026
AUM
$697.2 M
24h Flow+$1 M
7-day Flow+$10 M
YTD Flowi+$42 M

05Technical Dashboard

Mixed
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ
Asset Last Trendi Supporti Resistancei RSIi RSI Status Signal
SPX S&P 500 7,541.85 Bullish 7,022.12 7,554.73 71 Overbought Holdconf 65%
IXIC Nasdaq Comp. 26,767.93 Bullish 24,103.88 26,804.81 72 Overbought Holdconf 65%
DXY Dollar Index 111.87 USD ↑ 111.50 111.93 60 Neutral Sellconf 75%
VIX Volatility 16.00 Suppressed 15.96 18.37 38 Neutral Hedgeconf 55%
US10Y US 10Y Yield 4.50% Yields ↑ 4.38% 4.67% 54 Neutral Sell bondsconf 75%
CL WTI Crude $112.25 Bullish $99.60 $112.25 62 Neutral Buyconf 75%
XAU Gold $4,487 Bearish $4,396 $4,562 40 Neutral Sellconf 60%
BTC Bitcoin $72,713 Bearish $72,468 $77,126 34 Neutral Sellconf 65%
ETH Ethereum $1,981 Bearish $1,965 $2,259 30 Oversold Holdconf 65%

06Key Events

Next 7 days
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Ten high-impact U.S. macro releases land in the next seven days, headlined by ISM Manufacturing PMI on June 1 and a cluster of ISM Services and Non-Manufacturing prints plus JOLTS Job Openings on June 2-3. On the earnings side, COST reports today (May 28) and AVGO follows on June 3, both capable of moving sector sentiment.

U.S. Macro Releases — FMP economic calendar (filtered)

  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing PMI (May)Est: 53 · prev 52.70 High
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services PMI (May)Est: 53 · prev 53.60 High
  • Today
    14:00 UTC · 16:00 CEST     New Home Sales (Apr)Est: -3.20 % · prev 3.40 % Medium
  • Tomorrow
    12:30 UTC · 14:30 CEST     Goods Trade Balance (Apr)Est: -86.70 B · prev -87.45 B Medium
  • Tomorrow
    12:30 UTC · 14:30 CEST     Goods Trade Balance Adv (Apr)Est: -87 B · prev -87.45 B Medium
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing Employment (May)Est: 46.60 · prev 46.40 Medium
  • Wed
    12:15 UTC · 14:15 CEST     ADP Employment Change (May)Est: 75 K · prev 109 K Medium
  • Thu, Jun 4 Initial Jobless Claims (May/30)prev 215 K Medium
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing New Orders (May)Est: 54.30 · prev 54.10 Low
  • Mon
    14:00 UTC · 16:00 CEST     ISM Manufacturing Prices (May)Est: 86 · prev 84.60 Low
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services Prices (May)Est: 71.30 · prev 70.70 Low
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services New Orders (May)Est: 52.80 · prev 53.50 Low
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services Employment (May)Est: 48.10 · prev 48 Low
  • Wed
    14:00 UTC · 16:00 CEST     ISM Services Business Activity (May)Est: 55 · prev 55.90 Low
1 / 3

Earnings — mega-cap reports drive index direction

  • Today · After close COST — CostcoEPS est $4.98 (+16% YoY) · Rev est $69.7B (+10% YoY) High
  • Wed · After close AVGO — BroadcomEPS est $2.40 (+52% YoY) · Rev est $22.0B (+47% YoY) High
1 / 1

07Howard Marks' Market Cycle Indicators

Late-cyclei
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Daily reading of the framework from Mastering the Market Cycle (Howard Marks, 2018).

Today's read

Capital Markets, Yield Spreads, and Investors all register warm alongside a still-expanding Economy and eager Lenders, painting a classic late-cycle picture. Interest Rates stand as the lone cold holdout, with real yields at 2.13% still meaningfully above neutral.

View full cycle assessment — 9 indicators · 16 cited sources →

08Daily Alpha

Wait
Refreshed 28 May 2026 14:45 UTC · 16:45 CEST Sources ⓘ

Wait. Geopolitical shock plus extreme valuations make chasing risk premature

Hormuz airstrikes triggered $1B in crypto liquidations (per Decrypt), sending BTC below $73K with ETF outflows of $733M in 24 hours. Crypto Fear & Greed at 22 (Extreme Fear) looks contrarian, but the catalyst is geopolitical, not positioning-driven, so the fear is rational until the situation stabilizes. Equities absorbed the shock better: S&P 500 at 7,542 rose 0.29%, yet CAPE 10 at 42.32 (vs 17.38 long-run mean) and Buffett Indicator at 233% (at its all-time high) scream overvaluation. The late-cycle framework confirms: warm capital markets, eager lenders, and stretched investors. Energy led sectors at +1.34% while Basic Materials lagged at -1.58%, a 2.9pp spread consistent with geopolitical repricing, not broad strength. WTI at $112.25 (+3%) prices in supply disruption. Real yields fell 6bp to 2.10%, and 30-year Treasuries at 5.03% offer decent carry but inflation risk persists with PPI at 5.99%. Pre-IPO perp premiums averaging +14% clash with the fear narrative, suggesting speculative pockets remain unresolved. Wait for geopolitical clarity before adding.

24h Bias
Defensive, wait for clarity
Equities
Hold, avoid adding at these multiples
Bonds
Hold duration, 5% long-end attractive
Commodities
Hold energy, trim on spike above $115
Crypto
Wait for ETF flow stabilization
Vol hedge
Add tail hedges while VIX at 16.00