📊 Market Median / August 31, 2026
📌 30m slice: RegDev −4.38%, above SMA200 29.59%, Median RSI 45.77.
Yesterday’s downside setup played out after RSI failed to hold 50 and breadth stayed below 50%. An overnight long squeeze pushed roughly 67% of the market into oversold territory at the peak. Oversold has already cooled back to 3.85%.
📉 Sellers still have the edge, but the main overnight flush has passed. Breadth fell from 44.90% to 29.59%, RegDev from −3.09% to −4.38%, while RSI remains below 50.
Trade plan: look for shorts after bounces in weak coins, not into red candles. Longs need RSI back above 50, breadth above 50%, and RegDev turning higher.
⚠️ Common mistake: selling after the overnight squeeze once the extreme oversold reading has already cleared.
#MarketSentimentToday #analysis $SKR $ZORA $HEMI
📌 30m slice: RegDev −4.38%, above SMA200 29.59%, Median RSI 45.77.
Yesterday’s downside setup played out after RSI failed to hold 50 and breadth stayed below 50%. An overnight long squeeze pushed roughly 67% of the market into oversold territory at the peak. Oversold has already cooled back to 3.85%.
📉 Sellers still have the edge, but the main overnight flush has passed. Breadth fell from 44.90% to 29.59%, RegDev from −3.09% to −4.38%, while RSI remains below 50.
Trade plan: look for shorts after bounces in weak coins, not into red candles. Longs need RSI back above 50, breadth above 50%, and RegDev turning higher.
⚠️ Common mistake: selling after the overnight squeeze once the extreme oversold reading has already cleared.
#MarketSentimentToday #analysis $SKR $ZORA $HEMI
