The weekly momentum picture across the top 100 crypto assets is not bearish or bullish. It is directionless, and that has its own implications. What the HeatmapThe weekly momentum picture across the top 100 crypto assets is not bearish or bullish. It is directionless, and that has its own implications. What the Heatmap

Most of the Top 100 Crypto Assets Are Stuck in Weak RSI Territory: Six Weeks of Chop With No Clear Direction

2026/03/23 04:08
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The weekly momentum picture across the top 100 crypto assets is not bearish or bullish. It is directionless, and that has its own implications.

What the Heatmap Shows

The CoinGlass Crypto Market RSI Heatmap for the top 100 assets on the weekly timeframe places each asset along a vertical axis from 10 to 90 based on its current RSI reading, with horizontal bands marking the overbought zone above 70, strong between 60 and 70, neutral between 50 and 60, weak between 40 and 50, and oversold below 30. The average RSI across the top 100 sits at approximately 40.70, placing the median asset firmly in the weak zone rather than at a neutral or oversold extreme.

The visual distribution of dots across the heatmap tells the story before the numbers do. The vast majority of assets are clustered between the 30 and 50 range, spread across the weak and low-neutral bands.

The oversold zone below 30 contains a handful of assets including OP, SEI, Gala, LDO, OG, and Pendle, meaning momentum has deteriorated enough in those cases to reach extreme low readings. The strong and overbought zones above 60 contain very few assets. BANANAS31 sits near 70, with KITE, VVV, and ARIA in the strong zone. That is a thin representation at the top of the distribution for a 100-asset universe.

What the Six-Week Pattern Reflects

Analyst Daan Crypto Trades identifies the current structure as six weeks without strong directional movement across the market. Assets are oscillating within ranges rather than trending, producing the weak RSI cluster visible on the heatmap without the momentum compression that would signal a decisive directional move in either direction. That condition is consistent with what the source describes as a headline-heavy market, one where price reacts to news events in both directions without those reactions building into sustained trends.

The average RSI of 40.70 is revealing in context. An average below 50 means more assets are in declining momentum territory than rising. An average above 30 means the market has not reached the kind of broad oversold extreme that historically precedes sharp recoveries. The 40.70 reading sits in the range that is most difficult to trade. It is weak enough to discourage aggressive buying but not oversold enough to signal exhaustion of selling pressure.

Bitcoin and Ethereum both appear in the weak zone on the heatmap, clustered near the 35 to 40 range alongside BNB, Solana, Doge, and most of the large-cap assets. The largest assets in the market are sharing the same momentum profile as the broader top 100, which means the weakness is not isolated to smaller or more speculative assets. It is structural across the capitalization spectrum.

What TAO’s Position Reflects

TAO appears on the heatmap near the 50 level, sitting at the boundary between neutral and weak territory. That placement is consistent with the 116% thirty-day rally covered in earlier reporting today, where a sharp move from deeply oversold conditions brought momentum back toward neutral without reaching overbought levels. The social sentiment reading at 5.325 flagged by Ali Charts suggests the narrative around TAO is more extended than the RSI reading alone would imply. Momentum and sentiment are not always aligned, and the gap between the two is where positioning risk accumulates.

XRP Ledger Surpasses 7.7 Million Holders for the First Time as Network Activity Hits a Five-Week High

The Trading Environment This Creates

Daan Crypto Trades frames the current setup with clarity. Swing trading larger positions has been punished repeatedly over the past six weeks as headline-driven reversals have caught directional bets on both sides. The environment is suited to two approaches: short-duration scalping that captures intraday moves without holding through overnight headline risk, or long-horizon positioning that treats current prices as an entry point without concern for near-term direction.

The RSI heatmap confirms that framing. A market where the average asset sits at 40.70 on the weekly timeframe, with no clear trend in either direction for six consecutive weeks, is not offering the momentum conditions that make medium-term swing trades structurally attractive. The assets in the oversold zone below 30 present the most compressed readings, but oversold conditions in a directionless market can persist longer than they do in trending environments.

The post Most of the Top 100 Crypto Assets Are Stuck in Weak RSI Territory: Six Weeks of Chop With No Clear Direction appeared first on ETHNews.

Market Opportunity
SIX Logo
SIX Price(SIX)
$0.00888
$0.00888$0.00888
-0.55%
USD
SIX (SIX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Long-Term Ripples of Crypto Breaches

Long-Term Ripples of Crypto Breaches

The post Long-Term Ripples of Crypto Breaches appeared on BitcoinEthereumNews.com. The release of a new report by cybersecurity platform Immunefi sheds light on
Share
BitcoinEthereumNews2026/03/23 04:58
Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

The post Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference appeared on BitcoinEthereumNews.com. The suitcoiners are in town.  From a low-key, circular podium in the middle of a lavish New York City event hall, Strategy executive chairman Michael Saylor took the mic and opened the Bitcoin Treasuries Unconference event. He joked awkwardly about the orange ties, dresses, caps and other merch to the (mostly male) audience of who’s-who in the bitcoin treasury company world.  Once he got onto the regular beat, it was much of the same: calm and relaxed, speaking freely and with confidence, his keynote was heavy on the metaphors and larger historical stories. Treasury companies are like Rockefeller’s Standard Oil in its early years, Michael Saylor said: We’ve just discovered crude oil and now we’re making sense of the myriad ways in which we can use it — the automobile revolution and jet fuel is still well ahead of us.  Established, trillion-dollar companies not using AI because of “security concerns” make them slow and stupid — just like companies and individuals rejecting digital assets now make them poor and weak.  “I’d like to think that we understood our business five years ago; we didn’t.”  We went from a defensive investment into bitcoin, Saylor said, to opportunistic, to strategic, and finally transformational; “only then did we realize that we were different.” Michael Saylor: You Come Into My Financial History House?! Jokes aside, Michael Saylor is very welcome to the warm waters of our financial past. He acquitted himself honorably by invoking the British Consol — though mispronouncing it, and misdating it to the 1780s; Pelham’s consolidation of debts happened in the 1750s and perpetual government debt existed well before then — and comparing it to the gold standard and the future of bitcoin. He’s right that Strategy’s STRC product in many ways imitates the consols; irredeemable, perpetual debt, issued at par, with…
Share
BitcoinEthereumNews2025/09/18 02:12
X Considers Replacing Like Button With Thumbs-Up Icon

X Considers Replacing Like Button With Thumbs-Up Icon

X Considers Replacing Like Button With Thumbs-Up Icon in Potential Design Shift The social media platform X is reportedly considering a change to one of its mos
Share
Hokanews2026/03/23 04:59