Definition
Plain language
A label describing what mood the market is in, like calm or turbulent.
As stated in the literature
A discrete state classification over market conditions (e.g. 'BEAR VOLATILE') derived from trend and volatility statistics; often used as a conditioning variable for trading strategies.
Also called: regime label, market-regime label
Why it matters: A single authoritative-sounding label like this can shape a whole downstream recommendation, so it is worth asking what data it was actually derived from.
For example, a dashboard might tag the current market as "BEAR VOLATILE," meaning prices are broadly falling and swinging sharply day to day.
Heard on the show
“The volatility reading and the market-regime label are invented.”Episode 251 — When a Fake Dashboard Makes an AI Agent Just as Confident