Crypto market overview

Across the 24 crypto pairs covered, 83% are in a measured downtrend (20 of 24). Weakness is broad rather than isolated.

Only 8% of the segment trades above its 200-period moving average: the longer-term structure remains the weaker side of the picture.

The average 14-period RSI stands at 35.1, with 5 at or below 30. Depressed readings can persist for as long as the trend does.

Optimism trails the segment at -1.44% on the session.

13 instruments show a Bollinger-inside-Keltner squeeze, including Ethereum Classic, Shiba Inu, Litecoin. A squeeze precedes an expansion in range without indicating its direction.

Crypto trades continuously, so a session comparison means something different here than on a market with a closing bell.