๐ Market Median / August 20, 2026
๐ 30m slice: RegDev +3.93%, above SMA200 78.89%, Median RSI 55.56.
Yesterday, longs needed RSI above 50, breadth over 50%, and RegDev moving higher. After the historic pump and heavy short liquidations, all three triggered: RSI rose from 49.07 to 55.56, breadth jumped from 42.08% to 78.89%, and RegDev flipped from โ1.22% to +3.93%.
๐ Overbought reached 57% at the peak of yesterdayโs pump. It is now back to just 5.57%. Much of the overheating has already cleared, while almost 79% of coins remain above SMA200. The impulse was strong, but chasing it now is late.
Trade plan: wait for a pullback. As long as RSI holds above 50, breadth stays above 60%, and RegDev remains positive, selective longs have priority. Shorts need a break of this structure.
โ ๏ธ Now we watch whether crypto market breadth holds after yesterdayโs liquidation-driven pump.
#MarketSentimentToday #analysis $MAGMA $SKY $RE
๐ 30m slice: RegDev +3.93%, above SMA200 78.89%, Median RSI 55.56.
Yesterday, longs needed RSI above 50, breadth over 50%, and RegDev moving higher. After the historic pump and heavy short liquidations, all three triggered: RSI rose from 49.07 to 55.56, breadth jumped from 42.08% to 78.89%, and RegDev flipped from โ1.22% to +3.93%.
๐ Overbought reached 57% at the peak of yesterdayโs pump. It is now back to just 5.57%. Much of the overheating has already cleared, while almost 79% of coins remain above SMA200. The impulse was strong, but chasing it now is late.
Trade plan: wait for a pullback. As long as RSI holds above 50, breadth stays above 60%, and RegDev remains positive, selective longs have priority. Shorts need a break of this structure.
โ ๏ธ Now we watch whether crypto market breadth holds after yesterdayโs liquidation-driven pump.
#MarketSentimentToday #analysis $MAGMA $SKY $RE