The market is neutral on both daily and weekly timeframes with the average RSI of 52 and 46, respectively. Are we going up or down after that? Or are we going to range?
$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?
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.