Rotating shaft–disc–blade (RSDB) system is one of the most important parts of turbomachinery, such as aero-engine, gas turbine, and power plant. Understating and revealing the coupling vibration mechanism of RSDB system is significant for blade health monitoring and blade crack detection. However, the multi-structure, multi-vibration source, and multi-stress coupling makes it a very tough task. This study aims to reveal the coupling vibration mechanism of RSDB system by systematically investigating the steady-state vibration responses under the influences of different blade crack, operation condition, and structure parameters. First and foremost, a coupling vibration model of RSDB system that comprehensively considers the multi-structure, multi-vibration source, and multi-stress coupling effects is presented. And then, a novel condition indicator for blade health monitoring, called blade–blade distance, is proposed to better characterize and analyse the coupling vibration of RSDB system with blade crack. At last, the comprehensive effects of blade crack, operating condition, and structure parameters on the coupling vibration mechanism of the RSDB system with blade crack are systematically studied. The comparative results demonstrate the effectiveness of blade–blade distance and super-harmonic components of shaft torsional vibration and blade bending vibration for indicating the presence of blade crack and tracking the crack severity. Another observation should be noted is that the vibration behaviour including the blade–blade distance, super-harmonic components of shaft torsional vibration and blade bending vibration, the combination frequency components of shaft bending vibration are co-affected by blade crack, operating condition, and structure parameters. It is indicated that the blade health monitoring and crack detection of rotating blade should comprehensively consider different indicators to obtain a more robust and accurate results.