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Market Context Guide

How to read the Market Watchlist

This watchlist is not about staring at isolated numbers. It is a fast way to see where capital is flowing, whether risk is expanding or contracting, and which parts of the crypto market are actually leading.

MintScript Education 5 min read Market context
Market watchlist: TOTAL3, OTHERS, ETHBTC, USDT.D, DXY, sector caps and more
Example session — read the relationships, not one row
1START HERE

What you are trying to answer

Before looking for a trade, use the watchlist to build a quick market read.

Flow
Is money moving into or out of crypto?
Leadership
Is Bitcoin leading, or are alts gaining strength?
Sectors
Which sectors are attracting the most capital?
Macro
Are macro conditions helping or fighting risk?
2ALT STRENGTH

TOTAL3, OTHERS, TOTAL2

These measure strength outside Bitcoin. If they are outperforming, capital is generally moving further out on the risk curve and into alts.

Watch for: sustained strength while BTC remains stable.
3ETH VS BTC

ETHBTC is one of the cleanest alt gauges

Rising ETHBTC means ETH is gaining against BTC, which is generally supportive for broader altcoin participation. Falling ETHBTC means Bitcoin is stronger.

ETHBTC ↑
Better alt environment
ETHBTC ↓
Bitcoin is leading
4RISK ON / OFF

USDT.D and OTHERS.D

Falling USDT dominance often means capital is leaving stablecoins and moving into crypto. Rising USDT.D can indicate traders moving toward safety.

OTHERS.D rising alongside a falling USDT.D adds breadth — more of the market participating, not just majors.

Simple read: USDT.D down = generally supportive for crypto.
5SECTOR ROTATION

AI.C, MEME.C, LAYER1.C, TOTALDEFI

Sector market caps show where capital is actually concentrating. Comparing them quickly reveals whether AI, memes, L1s, DeFi or another area is leading.

AI.C
AI names
MEME.C
Meme tape
LAYER1.C
L1 strength
TOTALDEFI
DeFi capital
Use it for: finding relative strength before choosing individual coins.
6ECOSYSTEMS

ETHEREUM.C and SOLANA.C

These let you compare where ecosystem-level capital is building. If one chain is consistently outperforming, its related names may offer better opportunities.

Think: strength first, individual setups second.
7MACRO FILTERS

DXY, US10, USOIL, XAUAUD, ES1!

A weaker dollar and softer yields are generally friendlier for risk assets. A strong dollar and rising yields can create headwinds for crypto and equities.

Gold and oil help frame inflation, geopolitics and defensive flows when macro headlines dominate. S&P futures (ES1!) show whether traditional risk is moving with or against crypto.

DXY / US10
Dollar & yields as filters
USOIL / XAUAUD
Macro headlines
ES1!
Risk appetite confirm
Context matters: these are filters, not standalone trade signals.
8CONFLUENCE

The key is when the list agrees

The best read comes when several parts of the watchlist tell the same story — like the session in the screenshot above.

USDT.D
Falling↓
ETHBTC
Rising↑
TOTAL3 / OTHERS
Rising↑
Sectors
Expanding↑

When stablecoin dominance is falling, ETH is gaining against BTC, alt market caps are strong and multiple sectors are expanding, that is a much stronger risk-on signal than simply seeing BTC green.

The question to ask: Where is the money flowing right now?

Read the tape. Then hunt setups.

MintScript keeps market context next to your levels — so you spend less time guessing the regime and more time on trades that fit it.

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