CryptoIQ
Regime intelligence in long form. The weekly IQ Market Memo, methodology deep-dives, Operator Q&A, and protocol research — where the score gets explained, and where we name what we got wrong.
Issue 05 — Cycle IQ snapped back 13.1 to 49.5 (Accumulation) after Fed Chair Warsh said inflation risks had eased and a soft June jobs report pulled rate cuts back onto the table, sending Bitcoin from a fresh 21-month low back over $61,000. The bounce was Bitcoin's alone: Altcoin IQ fell 5.4 to 32.4 and Attention IQ dropped 4.2 to 19.4, both making new lows straight into the rally, and June still closed as spot Bitcoin ETFs' worst month on record, roughly $4.5B out. A macro-relief bounce in a market that's still broken underneath.
Issue 04 — Cycle IQ fell 9.2 to 45.5, Altcoin IQ round-tripped its mid-June bounce to 37.8, and Attention IQ is still in the basement at 24.3. A hot May PCE print detonated roughly $1.26B in liquidations and capped a roughly $1.8B week of Bitcoin ETF outflows. The June stabilization was a head-fake: Bitcoin's beaten down on sentiment and price, but the demand exit re-accelerated and the long-term holders who mark real bottoms still haven't been forced to give anything back.
Issue 03 — A hawkish Fed dot plot landing on a market that had already deleveraged and bled out in early June, an Attention IQ at its lowest since the June 2022 Terra/3AC capitulation (~16.3), the alt rotation still missing, and a first look at Exit IQ: our on-chain tracker for team and market-maker supply movement.
Issue 02 — Bitcoin tested its 200-week average for the first time since it broke through in 2022 and held the line by the weekly close, while Cycle IQ firmed to 54.5 and the most committed buyer in the market stepped in below cost. The flush, who bought it, and the macro overhang into next week's Fed.