Map of crypto assets according to RSI for June 17 - the market is increasingly oversold. 4-hour and daily TF maps from#Coinglassshow the consolidation of most assets in the area of ​​weakness. Compared to the situation a week earlier, on June 10, this is very clearly visible in dynamics.

Prices are getting deeper and deeper. And in the end, the bearish sentiment of the beginning of last week justified itself. But the bears believe that the holiday will continue. And the bulls begin to replay the scenario of a market collapse in their heads. This is a sentiment to turn around. But the question is where the bottom will be placed before it.

In the market, meanwhile, the RSI situation in detail looks like this:

1. On a four-hour time frame, almost all assets are oversold, #XRP,#UNFIare overbought... And that’s it.

In the neutral zone closer to overbought: #TRX, #JASMY, #SFP, #FXS.

2. On the daily timeframe, the situation is almost the same and even more striking - some assets today left the neutral zone and went below level 40.

- Overbought: #XMR, #BAKE, #TON. 

- Close to overbought: #JASMY, #UNI, #XRP.

The vast majority of assets are clearly oversold.

3. Weekly TF - the situation here is not so clear-cut, but there is no longer “distraction” on the map, as in all recent weeks. It is thanks to today’s correction of altcoins that many of them, according to the RSI on the weekly timeframe, have moved below the iconic level of 50. Either close to oversold, or already into it.

- In exchange: #TON, #BEAMX, #JASMY, #SUPER, #TIA, #ONDO, #WIF, #BNB, #NTRN, #ORDI, #PEOPLE, #PYTH, #XMR, #BTC, #PEPE, #KAS.

- In pronounced oversold: #AXL, #GAS, #DYM, #MANTA, #FXS, #UST, #XEM, #HFT, #MOVR.