Crypto DeMark Sentiment Index — 2026-02-09

Crypto Sentiment — 2026-02-09

Current tone: negative

Latest score: 12.5/100

Cross-coin dispersion: 54.4 pts

Forward return playbook: Dive into our detailed analysis of current market trends, including hot and cold coins.

Scan the Forward return playbook for context, then the Coin map for leadership and laggards.

Leaders include TRON, Ethereum.

Laggards include Avalanche, Litecoin.

Forward return playbook (BTC)

Historical medians and hit ratios from past dates that looked similar to today (same regime + tight score band).

Coin map (0=cold, 100=hot)

Leading / Hot

• TRON: 54.4/100
• Ethereum: 25.5/100
• Bitcoin: 21.6/100
• Toncoin: 16.0/100

Lagging / Cold

• Avalanche: 0.0/100
• Litecoin: 0.9/100
• Dogecoin: 0.9/100
• Polkadot: 2.4/100

Neutral

• BNB: 14.8/100
• Solana: 13.2/100
• Cardano: 5.5/100
• XRP: 3.7/100
• Chainlink: 3.7/100

Read-through

• Higher dispersion often means selection matters more than beta.
• Use the playbook as a bias check, then size risk around the coin map (leaders vs laggards).