CHESS Daily Analysis Explained

Closed-candle research summary • Updated 2026-02-05

Last close: 0.028350 365D range: 0.006370 to 0.139900 Key levels (55D): 0.017190 / 0.044820 MA14: 0.026929 MA50: 0.030244 MA200: 0.049756 Asset state: SIDEWAYS (since 2026-02-03) Sigloid Index: Bias BEARISH • Regime BEARISH (2026-02-05)

Daily Analysis Explained

Built from closed daily candles only. It summarizes what the recent data shows using the latest confirmed close, not predictions.

Use it to understand the asset’s state, key levels, and how it has behaved relative to the Sigloid Index.

Price Structure and Asset State

As of the most recent closed session (2026-02-05), the close is 0.02835 (7.22% vs the prior close).

55 day range levels are 0.01719 (support) and 0.04482 (resistance).

Asset state is SIDEWAYS, active since 2026-02-03.

State Monitoring and Trend References

Price is inside the 55 day range and currently sits in the middle part of that range.

The close is above MA14 (0.026929), a short-term pivot.

The close is below MA50 (0.030244), a medium-term guide.

The close is below MA200 (0.049756), a long-horizon anchor level.

Price Behavior and Friction

Friction is MEDIUM. This is a read of effort versus progress using multi-day candle quality and volatility behavior.

Volatility is 13.09% ATR and 34.10% Bollinger width. Relative volume signal (Z20) is 1.22.

Participation and Positioning

Open interest is -3.07% over 1 day and 91.98% over 7 days.

Funding is 0.002258 and long/short ratio is 0.96.

Intent read: Position building. Open interest moved sharply while price stayed near the middle of the range.

Asset Sensitivity to the Sigloid Index

60D correlation is weak (-0.12). Correlation describes how consistently this asset moves in the same direction as the index.

180D correlation is moderate (0.43), which helps confirm whether the relationship holds over a longer window.

60D beta is low (-0.22). Beta measures sensitivity: above 1 means amplified moves relative to the index, below 1 means muted moves.

180D beta is low (0.77), a longer-horizon view of that sensitivity.

60D R² is low (0.01). R² is a reliability check: higher means more of this asset’s moves were explained by the index during the window.

180D R² is medium (0.19), which reduces the risk of over-reading a short sample.

Indicator Trends

Volume is above its 14 day average and is rising versus recent norms, which frames participation quality.

Bollinger width is above its 14 day average, suggesting volatility is expanding versus the recent baseline.

ATR percent is above its 14 day average, so daily ranges are wider than the recent baseline.

RSI is above its 14 day average and improving versus the last two weeks.

MACD histogram is above its 14 day average, a simple check on short-term momentum bias.

Open interest is above its 14 day average, which suggests leverage has been building versus the recent baseline.

Funding is above its 14 day average, which helps flag crowding risk when it rises without matching price progress.

Regime Alignment

Sigloid Index bias is BEARISH (primary regime: BEARISH), active since 2026-02-05.

Alignment is mixed. Aligned conditions tend to be easier to sustain. Mixed or against conditions tend to be more fragile.

This asset has been less index-linked historically, so the index bias is less informative for it than for high-correlation assets.

What Would Change the Asset State

System definition: BULLISH only on a daily close above 0.04482. BEARISH only on a daily close below 0.01719. Otherwise the state is SIDEWAYS.

Indicators, last 15 closed days

dateclosema14ma50ma200rsi14macd_histroc14atr_pctbb_width_pctrv30vol_z20oi_usdtfunding_lastls_ratiobasis_pct
2026-01-22 0.028230 0.029667 0.030995 0.053084 40.21 -0.00 -7.53 unavailable 14.85 70.23 unavailable 1604088 0.00005000 3.03 unavailable
2026-01-23 0.028560 0.029397 0.030991 0.052891 41.91 -0.00 -11.69 unavailable 15.32 70.27 unavailable 1611011 0.00005000 3.01 unavailable
2026-01-24 0.028650 0.029252 0.030996 0.052687 42.40 -0.00 -6.62 unavailable 15.74 70.28 unavailable 1637552 0.00005000 3.06 unavailable
2026-01-25 0.027970 0.029141 0.030986 0.052489 39.71 -0.00 -5.25 unavailable 16.31 63.44 unavailable 1634466 0.00005000 3.39 unavailable
2026-01-26 0.029340 0.029141 0.031017 0.052283 47.00 0.00 0.00 unavailable 15.52 65.88 unavailable 1556964 0.00005000 3.01 unavailable
2026-01-27 0.029760 0.029074 0.031055 0.052066 49.03 0.00 -3.06 unavailable 15.31 66.17 unavailable 1589730 0.00005000 3.18 unavailable
2026-01-28 0.028960 0.028997 0.031063 0.051857 45.45 0.00 -3.60 unavailable 15.09 66.53 unavailable 1634149 0.00005000 3.27 unavailable
2026-01-29 0.026900 0.028820 0.030982 0.051637 37.80 0.00 -8.44 unavailable 14.09 66.39 unavailable 1578289 0.00005000 3.03 unavailable
2026-01-30 0.026680 0.028516 0.030938 0.051404 37.09 -0.00 -13.77 unavailable 15.17 66.28 unavailable 1482257 0.00005000 2.86 unavailable
2026-01-31 0.025040 0.028149 0.030821 0.051147 32.18 -0.00 -17.00 unavailable 19.22 67.98 unavailable 1476876 0.00005000 3.04 unavailable
2026-02-01 0.024540 0.027814 0.030709 0.050899 30.84 -0.00 -16.05 unavailable 23.11 66.99 unavailable 1497714 0.00005000 2.80 unavailable
2026-02-02 0.019460 0.027154 0.030487 0.050626 21.19 -0.00 -32.20 unavailable 35.75 91.89 unavailable 1465834 0.00005000 2.83 unavailable
2026-02-03 0.026350 0.027046 0.030421 0.050337 45.91 -0.00 -5.45 unavailable 35.60 155.97 unavailable 1745999 0.00005000 1.39 unavailable
2026-02-04 0.026440 0.026920 0.030330 0.050045 46.15 -0.00 -6.24 unavailable 35.59 155.57 unavailable 3125907 0.00322359 1.00 unavailable
2026-02-05 0.028350 0.026929 0.030244 0.049756 51.06 0.00 0.43 unavailable 34.10 157.56 unavailable 3030011 0.00225819 0.96 unavailable

Data source: Binance futures market data. Indicators use closed daily candles only.

Disclaimer: Research context only. Not financial advice. No prediction. Crypto markets are risky.