From the weekly RSI heatmap, the top 100 cryptocurrencies are still trending downward, and the decline is intensifying. Currently, the overall market hasn't reached the level of "severely oversold," only considered somewhat weak, but based on the weekly chart, it's not far from being truly oversold.
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From the weekly RSI heatmap, the top 100 cryptocurrencies are still trending downward, and the decline is intensifying. Currently, the overall market hasn't reached the level of "severely oversold," only considered somewhat weak, but based on the weekly chart, it's not far from being truly oversold.