The market is oversold to neutral on both daily and weekly timeframes with the average RSI of 41.85.

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The market is oversold on the daily timeframe with the average RSI of 39.07 and neutral to oversold on the weekly timeframe where the average RSI sits at 42.70.

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🔥 **Crypto RSI Heatmap 4H: Most Alts on Overbought Orgy!** 📉

Hold onto your butts, folks! The crypto playground is on fire, and not in a good way! 😈

These alts are partying like there's no tomorrow, but guess what? Tomorrow's a bitch, and it's coming with a hangover! 🥴

💣 **Overbought Zone Alert:** These altcoins think they're invincible, but reality's gonna smack 'em like a ton of bricks. 🧱
$ETH $LTC $SOL

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It's bull market so we had to extend the top range of our RSI Heatmap up to 100. Now we're the only platform in the crypto analytics space that does this. Gud, innit?

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Funding rates are neutral to slightly negative across all exchanges, whilst the market is neutral to overbought on 4H timeframe.

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The market is oversold on 4H timeframe and oversold to neutral on 1D.

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The average daily RSI of top 50 coins is 32.89 whilst $BTC RSI is sitting at 24.81, the lowest since August 2023 when it was trading at 25K.

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Crypto market #RSI is oversold to neutral on 4H for top 100 coins.

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$BTC is at $71,000 and the Top 50 coins average 1D RSI is 52.37 whilst Top 50-100 coins average daily RSI sits at 54.92, both being pretty neutral. Bullish or bearish?

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The crypto market is slightly oversold to mainly neutral on 4H.

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This is the 4h rsi heatmap of the top 200 coins, you can see that many coins are at the over sold level, so keep watching and you will be able to catch a good entry. 🔥🚀

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Market almost extremely overbought at 4H. $BTC RSI is currently at 86.

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The market is extremely oversold on 4H and oversold on 1D timeframes.

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The market is extremely oversold on 4H and is oversold to neutral on 1D.

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The market is oversold to slightly neutral at 1D with the average RSI of 37.45. Smaller altcoins have been affected the most.

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The 1D RSI chart provides a perfect picture of the current state of the crypto market.

Tons of tokens are oversold or pretty close to entering the oversold territory.

On the other hand, we have almost no tokens that are overbought at this time.

What does it mean? Usually, we don't see longer periods where the majority of tokens are oversold during a bull market. Therefore, a rebound is likely — except for the case that we enter a longer correction period.

By the way: #Bitcoin is perfectly neutral with a value of ~50.$ETH on the other side, is close to entering oversold areas.

#RSIHeatmap #CryptoNewsCommunity $BTC