# Capital Sentiment Phases

September 2026 · Web app · API

A market cycle classification that sorts each day into one of ten phases, from Deep Bear to Raging Bull, with a one-year average line and the Bitcoin price for context.

## What's new

Capital Sentiment Phases classifies each day into one of ten market-cycle phases, from Deep Bear to Raging Bull. A one-year average and the Bitcoin price sit alongside the phase series for context.

The series is also available through the Newhedge API.

## Related

- [Capital Sentiment Phases](https://newhedge.io/bitcoin/capital-sentiment-phases)
- [API documentation](https://docs.newhedge.io/api/capital-sentiment-phases)