# The Silk - Crypto Forecast - 2026-06-20

**Generated from**: local

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## 1. Situation

<!-- BANNER_DATA: {"headline": "Stablecoins net +$93.5M, neutral regime; USD1 mints +1.4% as 3 majors break down (AVAX/ADA/DOT)", "regime_note": "Balanced flows; modest inflow offset by altcoin breakdowns, BTC dom 56.1%", "per_stablecoin": {"USDT": {"summary": "Slight -44.7M redemption, flat at $186.2B", "direction": "neutral"}, "USDC": {"summary": "+59.9M mint, steady demand into majors", "direction": "up"}, "USDS": {"summary": "No supply change, inactive", "direction": "neutral"}, "DAI": {"summary": "+12.3M (+0.28%), modest expansion", "direction": "up"}, "USD1": {"summary": "+66.0M (+1.40%), strongest relative inflow", "direction": "up"}}} -->

### Stablecoin Flows

- Regime: **neutral**
- Net 24h supply change: $+93.5M
- BTC dominance: 56.1%

### Silk Spiderweb Context

- Direction ratio: 56% bullish

### Crypto Scan Summary

- Scanned: 8 symbols
- Breakouts: 3
- **FALSIFICATION TRIGGERED**: 3 crypto signals oppose Silk direction

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## 2. Signal

| Asset | Sector | Price | Z-Score | Window | Trade | Probability |
|-------|--------|-------|---------|--------|-------|-------------|
| AVAX-USD [alert] | smart_contract | $6.11 | -2.01σ | 60d | SHORT | 55% |
| ADA-USD * [watch] | smart_contract | $0.16 | -1.71σ | 60d | SHORT | 50% |
| DOT-USD [watch] | smart_contract | $0.96 | -1.60σ | 60d | SHORT | 50% |

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## 3. Opportunity

### Primary

- **Avalanche (AVAX-USD)**: ALERT -2.01σ → short (55%, drivers: z_score)
- **Cardano (ADA-USD)**: WATCH -1.71σ → short (50%, drivers: z_score)
- **Polkadot (DOT-USD)**: WATCH -1.60σ → short (50%, drivers: z_score)

### Secondary

- **Ethereum (ETH-USD)** [smart_contract]: sector ripple (48%, drivers: z_score, silk_ratio(0.56))
- **Solana (SOL-USD)** [smart_contract]: sector ripple (48%, drivers: z_score, silk_ratio(0.56))

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## 4. Probability Drivers

| Asset | Cascade | Probability | Drivers |
|-------|---------|-------------|---------|
| AVAX-USD | primary | 55% | z_score |
| ADA-USD | primary | 50% | z_score |
| DOT-USD | primary | 50% | z_score |
| ETH-USD | secondary | 48% | z_score, silk_ratio(0.56) |
| SOL-USD | secondary | 48% | z_score, silk_ratio(0.56) |

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**Sources**: DataLoaders (crypto OHLCV), DefiLlama (stablecoin flows), CoinGecko (BTC dominance), Silk Report


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## About This Report

This is the daily crypto report — a forecast of major cryptocurrencies (BTC, ETH, SOL, AVAX, XRP, LINK, DOT, ADA) that mirrors the Silk and commodity reports' shape with crypto-specific data layers.

**Data sources.** Price OHLCV is sourced via the [DataLoaders](https://github.com/hcarsten/DataLoaders) crypto loader (Yahoo primary, Versol fallback). Stablecoin supply changes come from [DefiLlama](https://stablecoins.llama.fi/). BTC dominance is from CoinGecko's free `/global` endpoint. The Silk spiderweb direction ratio is ingested from today's Silk newspaper.

**Signal table.** Each row is a crypto symbol whose price triggered a statistical breakout against its rolling Z-score. The Trade column applies the CRITICAL reversal rule (>3σ moves trade opposite direction; ALERT/WATCH continue with the breakout direction).

**Opportunity panel.** **Primary** signals are direct breakouts. **Secondary** signals are sector ripples — coins in the same sector as a primary breakout get a probability haircut (0.95×) and surface so the trader can see the full coupling. There is **no tertiary cascade** for crypto — the market is too tightly coupled and the inferential chain too lossy to add value.

**Probability and drivers.** Each signal's probability starts from a base (55% for ALERT/CRITICAL, 50% for WATCH). Aligned drivers — stablecoin flow direction, Silk newspaper alignment — add small bumps via conjunction decay. Adverse drivers are filtered, not subtracted: when an aligned driver isn't available the signal stands on its z-score alone. The Drivers column shows which evidence is contributing.

**Trading scope.** Crypto signals persist to `breakouts.csv` tagged `silk_crypto`. Live execution via Coinbase is currently deferred — the unified order executor logs crypto signals as visible-but-not-executed until a `coinbase_client.py` is implemented.


> **FALSIFICATION**: Crypto Z-scores diverge from Silk direction. New recommendations paused pending inquiry.