Glassnode
Glassnode's Market Compass is live with a composite score of 14/100, placing its daily market read deep in Risk-Off. The dashboard distills thousands of metrics into four leading lenses that set the score, plus three standalone lenses that add context. Its current read marks macro as tight, capital flows as light, investor behaviour as soft and on-chain activity as soft.
Why it matters
The four score-setting lenses are Macro, Capital Flows, Investor Behaviour and On-Chain. They tend to turn before a shift fully appears in price, making the composite a regime gauge rather than a simple price signal. Cycle Position, Derivatives and Rotation sit beside the score and do not change it.
The launch also brings a Bitcoin Cycle Position Composite with a heatmap and snapshot charts, updated daily. Glassnode describes the Compass as a clear map of market conditions, not a buy-or-sell instruction. The daily read is written by Glassnode analysts for Advanced and Professional members.
Market impact
The current backdrop is defensive. The Cycle Position lens sits in deep capitulation, Derivatives leverage is fairly light and Rotation is tilted toward alts. For Bitcoin investors, the key change to watch is an improvement in the four leading inputs: easier macro conditions, stronger capital flows, firmer holder behaviour or greater on-chain use.
That gives the market a consistent way to track whether the signal is stabilizing or moving toward Risk-On. The dashboard updates every day and includes an analyst-written read for Advanced and Professional members.
Source: [Title: Market Compass · Read the Market Like an Analyst](https://glassnode.com/products/studio/market-compass)
Frequently asked questions
-
How does Glassnode calculate the Market Compass score?
Four leading lenses set the composite score: Macro, Capital Flows, Investor Behaviour and On-Chain. Three standalone lenses add context without changing the score.
-
Which conditions are driving the current Risk-Off reading?
The current readings show tight macro conditions, light capital flows, soft investor behaviour and soft on-chain activity.
-
Which Market Compass lenses do not change the score?
Cycle Position, Derivatives and Rotation are standalone lenses. They sit beside the composite score and provide context without changing its number.
-
What does the Bitcoin Cycle Position Composite include?
It includes a heatmap and snapshot charts that are updated daily. The Cycle Position lens is currently marked deep in capitulation.
-
What should Bitcoin investors watch for a move toward Risk-On?
They should watch the four leading inputs: macro conditions, capital flows, holder behaviour and on-chain use. The dashboard updates daily to show whether the signal is stabilizing or moving toward Risk-On.
Crypto Rank News
CryptoSlate
TheBlock
Crypto News
CoinDesk
Whale Alert
Lookonchain