On-Chain Data and Sentiment Index Dual Drive: Interpreting Macro Signals of the Crypto Market in 2026 Q3
As of July 30, 2026, Bitcoin on-chain active addresses hit a record high, Ethereum DeFi TVL exceeded $50B, and the Fear & Greed Index entered Extreme Greed. This article interprets Q3 macro signals using on-chain data, DeFi ecosystem, and sentiment indicators, analyzing capital flows and risks to provide digital asset allocation references.
