๐ Market Median / August 12, 2026
๐ 30m slice: RegDev +1.19%, above SMA200 35.48%, Median RSI 46.75.
The correction continues. RegDev fell from +2.74% to +1.19%, while breadth dropped from 49.45% to 35.48%. Nearly two-thirds of the market is now below SMA200, with RSI still under 50.
๐ Sellers retain the edge. The long setup remains on hold. Oversold has only increased to 4.66%, so the market is weaker but still far from broad capitulation.
Trade plan: favor selective shorts in weak coins after a bounceโdo not sell into an extended red candle. Longs need RSI back above 50 and breadth recovering toward 50โ55%.
โ ๏ธ Common mistake: treating lower RegDev as a confirmed bottom while market breadth continues to deteriorate.
#MarketSentimentToday #analysis $APR $VELVET $HOLO
๐ 30m slice: RegDev +1.19%, above SMA200 35.48%, Median RSI 46.75.
The correction continues. RegDev fell from +2.74% to +1.19%, while breadth dropped from 49.45% to 35.48%. Nearly two-thirds of the market is now below SMA200, with RSI still under 50.
๐ Sellers retain the edge. The long setup remains on hold. Oversold has only increased to 4.66%, so the market is weaker but still far from broad capitulation.
Trade plan: favor selective shorts in weak coins after a bounceโdo not sell into an extended red candle. Longs need RSI back above 50 and breadth recovering toward 50โ55%.
โ ๏ธ Common mistake: treating lower RegDev as a confirmed bottom while market breadth continues to deteriorate.
#MarketSentimentToday #analysis $APR $VELVET $HOLO