Every coin in this universe is deep into overbought territory this scan — DOGE's RSI reads 95.7, XRP 86.8, SOL 83.7, ETH 79.5, LINK 82.2, BTC 81.3 — on a broad, uniform 7-day melt-up (BTC +22.71%, XRP +51.0%, ETH +29.6%, LINK +38.89% 30-day) that reversed every regime downgrade flagged last scan. But read against the one-year window, this is a euphoric short-term risk-on spike sitting on top of a still deeply damaged longer trend, not a confirmed reversal: every coin's one-year return is negative — BTC -28.55%, ETH -44.47%, SOL -52.93%, XRP -45.68%, ADA -71.6%, DOGE -57.14%, AVAX -67.66%, DOT -75.13%, LINK -49.4% — and alpha1y is negative across the board. The spot-BTC/ETH proxies (IBIT, GBTC, ETHE, BITO) tracked the coins in lockstep, all four regime labels upgrading off last scan's collapse/downtrend reads. MSTR and COIN both flipped their 30-day prints sharply positive (MSTR +19.24% from -4.54%, COIN +12.26% from -11.21%) on strong single-day pops (+6.1%/+8.2%), but both remain -64.68%/-37.89% on the one-year window and death-crossed. The miner cohort split, unlike the rest of the universe: MARA and BITQ improved and upgraded regime, but RIOT's 30-day print worsened to -15.18% (was -5.42%) and CLSK's regime was downgraded to collapse (30D -21.85%, was -14.44%) — both fell on the day (-5.48%/-4.92%) even as the coin layer ripped higher, the clearest divergence in this scan.

Coins carry a 2026-08-22 close; spot ETFs and crypto equities carry a 2026-08-21 close — crypto trades weekends, equities and ETFs settle Friday, so this scan is back to the split basis flagged in the 2026-08-08 scan (unlike last scan's uniform weekday close). Source: crypto. Prior scan: 2026-08-14-crypto-scan (2026-08-14 close, uniform basis).

On the 7-day window this reads as a genuine alt-season move: XRP (+51.0%), ETH (+29.6%), LINK (+24.21%), SOL (+25.6%), DOGE (+28.57%), and ADA (+27.78%) all outpaced BTC's own +22.71%, with only AVAX (+19.59%) trailing. But the one-year window flips the read entirely — BTC's -28.55% deficit is the smallest in the entire coin tier; every alt has underperformed BTC by a wide margin over the past year (DOT -75.13%, ADA -71.6%, AVAX -67.66%, SOL -52.93%, DOGE -57.14%, XRP -45.68%, LINK -49.4%, ETH -44.47%). This scan's alt outperformance is a short-term rotation layered on top of a year in which BTC has been the least-broken asset in the group, not a durable change in that relationship.

All four spot-BTC/ETH proxies (IBIT, GBTC, ETHE, BITO) had their regime labels upgraded this scan, tracking their underlying coins in lockstep — IBIT and GBTC both moved from collapse to pullback, ETHE from downtrend to parabolic, BITO from collapse to downtrend. As in prior scans, this JSON carries no independent flow data — the ETF layer is a pure price-tracking proxy, and its uniform upgrade this scan is simply confirmation of the coins' own move, not an independent signal.

The miner cohort is the one part of this universe that did not uniformly participate in the melt-up. MARA ($11.26, RSI 53.0) and BITQ ($25.17, RSI 59.4) both improved and MARA's regime upgraded from collapse to pullback, though MARA's own 30-day print stayed negative at -9.27% even as BTC gained 18.89% on the month. RIOT ($19.83, RSI 46.4) fell -5.48% on the day — the largest single-day decline in this scan — and its 30-day print worsened to -15.18% from -5.42%. CLSK ($11.98, RSI 44.5) had its regime downgraded to collapse, 30D deepening to -21.85% from -14.44%, and was still negative on the week (-0.75%) despite the broader coin rally. All four miners retain their golden cross on the long-run signal, and RIOT/CLSK/BITQ all carry positive one-year returns (+61.61%/+28.4%/+30.75%) — a genuinely different long-horizon picture than the coins themselves, where every name is negative on the year. Miner equities and the coins they mine are not moving together this scan.

Both flipped their 30-day prints sharply positive on strong single-day pops — MSTR +6.1% on the day (30D +19.24%, was -4.54%) and COIN +8.2% (30D +12.26%, was -11.21%) — both regime labels upgraded from collapse to downtrend. As risk-appetite bellwethers, both confirm this scan's broad risk-on read. But both remain death-crossed and deeply negative on the one-year window (MSTR -64.68%, COIN -37.89%) — the bellwethers moved in the same direction as the coins on the short window and carry the same longer-horizon damage.

Support shelves on record this scan: BTC $70,582.20, ETH $2,296.50, SOL $88.53, XRP $1.40, AVAX $6.32, LINK $9.18, IBIT $40.15, GBTC $55.13, ETHE $18.73, BITO $8.71, MSTR $99.67, COIN $177.47, MARA $10.51, RIOT $18.74 (price is essentially sitting on this shelf), CLSK $11.58, BITQ $23.74 — ADA, DOGE, and DOT carry no support shelf on record this scan. DOT's -80.9% and ADA's -76.04% off their 52-week highs remain the widest drawdowns in the coin tier despite this scan's rally. RIOT's price ($19.83) sits closest to its own shelf ($18.74) of any name in this universe, worth watching given the equity's divergence from the rest of the complex this scan.

Every coin in this universe is at or near overbought this scan — DOGE's RSI of 95.7 is the most extreme reading tracked in this window, and no coin, ETF, or equity anywhere in this universe is oversold. Read purely as a risk-appetite gauge, this is an unambiguous short-term risk-on signal — broad, simultaneous, and covering nine of nine coins plus all four ETF proxies. But the one-year data tempers any "regime change" read: every coin's one-year return stays negative, and alpha1y stays negative across the board, meaning this move has not yet repaired a year of underperformance, only reversed the most recent leg of it. This crypto.json summary carries no cross-asset field, so a direct correlation-to-equities read isn't computable from this data — but the size and uniformity of this move, set against the miner-equity divergence (RIOT/CLSK) noted above, is itself worth flagging as internally inconsistent: the coin/ETF layer is euphoric while a chunk of the equity-proxy layer is not confirming it.

• Tape data (price/RSI/SMA/returns/regime/change1y/alpha1y): pre-computed summary — crypto; coins on the 2026-08-22 close, spot ETFs and crypto equities on the 2026-08-21 close.
• Prior scan for comparison: 2026-08-14-crypto-scan.