ABYSS Index beta

Name: ABYSS Score
Creator: ABYSS Index
License: https://abyssindex.com/legal

The contrarian index that measures how close the market floor is · transparent, backtested since 2018

📈 Backtested since 2018🔍 Transparent & auditable🪙 6 assets⛓️ Own on-chain (MVRV)

📣 Daily ABYSS Score on Telegram

ABYSS Index · BTC

/100

Value / Early accumulation

Weekly Δ ▼ -13

0 · TopNeutralFloor · 100

Price BTC: $61,439

Fear & Greed: 19 · Extreme Fear

Formula: abyss-btc-1.1.0

Updated: 02/07/2026, 22:51

Index components

SentimentS

Fear & Greed

81 /100

F&G 19 · Extreme Fear · weight 18%

MomentumM

Weekly RSI

96 /100

RSI 14w: 33.5 · weight 18%

TrendT

Distance to EMA200

93 /100

-13.1% vs EMA200 · weight 14%

DerivativesD

Perp funding

12 /100

Funding: 0.0018% · weight 13%

MacroM

M2 liquidity (US)

37 /100

M2 YoY: 5.58% · weight 13%

MacroM

Dollar (USD Index)

21 /100

USD 1m: +1.43% · weight 9%

On-chainO

MVRV (valuation)

85 /100

MVRV: 1.10 · weight 15%

How it works

We gather 6 categories

Sentiment, momentum, trend, derivatives, macro and network — from free or self-computed sources.

We blend them into one number

Each signal is normalized to 0-100 and weighted with a public, versioned formula.

You read it contrarian

High (green) = near the floor, accumulate. Low (red) = near the top, caution.

Whole market · ABYSS Score

BTC66/100$61,439 ETH71/100$1,694 SOL56/100$80.46 XRP65/100$1.08 DOGE66/100$0.0738 ADA64/100$0.1608

ABYSS Altseason

37/100

Bitcoin-leaning

1/5 alts beating BTC (90d)

Bitcoin seasonAltseason

SOL

DOGE

XRP

ETH

ADA

Each alt's 90-day performance vs BTC (how much its ALT/BTC ratio rose or fell), mapped to 0-100 (50 = same as BTC). The basket average is the index: above 50 = alts beating BTC. Our own signal.

On-chain · our own datanode

MVRV

1.10

near cost basis

MVRV-Z

0.18

undervalued

NUPL

0.09

hope / fear

Realized price

$53,164

market cost basis

At $58,534, BTC trades 10% above the market's average cost basis ($53,164) → MVRV 1.10, near cost basis.

MVRV-Z standardizes MVRV against its own history (z-score), so extremes flag cycle bottoms (below ~0.1) and tops (above ~7). Now 0.18 → undervalued.

Long-term holder supply: 80% (unmoved ≥6 months)

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ABYSS Risk · cycle risk (0–1)

0.17

very low risk (floor)

Our open 0–1 cycle risk (0 = floor, 1 = top): price vs its 2-year average, time-scaled for diminishing returns. Learn more · all assets →

Cycle multiples

Mayer Multiple

0.78

deep value

Puell Multiple

0.64

undervalued

Pi Cycle Top

0.40

far from top

2Y MA Multiplier

0.67

below 2Y MA (accumulation)

Mayer (price/200D avg), Puell (issuance value/365D avg), Pi Cycle Top (111D vs 2×350D — marks tops at 1) and the 2-Year MA Multiplier — all computed by us from price + emission.

Guides:ABYSS Risk MVRV MVRV-Z Mayer Puell NUPL Pi Cycle 2Y MA

MVRV / NUPL / realized cap computed from OUR own Bitcoin node (block 956,283) — not resold from a third party. Realized cap = Σ(each coin × its price when last moved). · 2026-07-02

Cycle history · Mayer & Puell

Full history of the two cycle multiples, computed by us from price + emission (log scale). Green zones = accumulation, red zones = distribution: the Mayer 2.4 line and Puell 4 line have marked historic tops; Puell below 0.5 has marked bottoms.

Mayer Multiple · 0.78

Puell Multiple · 0.64

Weekly points, computed by us from price + emission — freely redistributable. Full cycle analysis →

How to read it

80–100Strong accumulation

60–80Value / Early accumulation

40–60Neutral / Transition

20–40Greed / Late cycle

0–20Euphoria / Distribution

Contrarian scale: high = market floor / accumulation, low = top / distribution.

ABYSS vs. Fear & Greed

The Fear & Greed Index is great for sentiment — in fact we use it as one of our components. ABYSS goes further: it blends 6 categories into one contrarian, per-asset, transparent and backtested number.

	Fear & Greed	ABYSS
Focus	Sentiment	6 categories
Per asset	BTC-wide	6 assets
Macro (M2, USD)	—	✓
Own on-chain valuation (MVRV)	—	✓ BTC
Open, versioned formula	—	✓
Public backtest (since 2018)	—	✓
Widget + public API	—	✓