Research / Crypto

Medium-Term Crypto Participation

Reading broad-market participation through total crypto market cap and TOTAL2.

AstravaQuant Research Medium-Term Trend model note

What Medium-Term Trend measures

Medium-Term Trend is AstravaQuant’s medium-term crypto trend model. It aggregates the total crypto market capitalization and TOTAL2 on a five-day horizon.

Total market capitalization captures the broad crypto tape. TOTAL2 removes Bitcoin, adding context on participation outside the largest asset.

How to read it

The score should be interpreted through the shared crypto regime scale rather than as a standalone trade instruction. Medium-Term Trend is the faster horizon in the public trend stack.

Its interaction with Long-Term Trend matters. Agreement and disagreement across horizons are both informative.

Disclosure boundary

The public repo discloses the input universe, normalization range, interpretation bands, source tabs, and dated forward-testing history. It does not yet disclose the full formula or parameter register.