Of the 39 coins, 12 have a 1-hour RSI below 25. TIA is at 18, with a low of 16; UNI is down 16.14% over 72 hours and 14.67% below its 7-day average, while ARB is negative across all four timeframes.
This kind of uniformity doesn't mean we've hit bottom—the leverage hasn't been flushed out. The real opportunity comes when they diverge: whichever one turns positive across all four timeframes first will have the most upside. Until they collectively reclaim the moving average, any rebound near the 7-day average is money for the bears.
This kind of uniformity doesn't mean we've hit bottom—the leverage hasn't been flushed out. The real opportunity comes when they diverge: whichever one turns positive across all four timeframes first will have the most upside. Until they collectively reclaim the moving average, any rebound near the 7-day average is money for the bears.
