[Market Dynamics Analysis] Trump's official account and Ether Classic's net buying volume rank high... Euler ( EUL ) relative strength index falls to 4.89%, reaching the lowest range.

TechubNews
TRUMP-5,64%
ETC-1,85%
EUL-3,59%

As of the 16th, the most bought crypto assets by the wealthy are the official Trump coin (TRUMP), Ethereum Classic (ETC), Ethereum (ETH), SAND (SAND), and Shiba Inu (SHIB). This indicator is calculated based on the net buying amount ratio of the top 5,000 users on the Bithumb platform, reflecting the trading tendencies of major investors and short-term market sentiment.

Bithumb's statistics show that the official Trump coin ranks first with a net purchase ratio of 9%, followed closely by Ethereum Classic at 8%. Ethereum and SAND each account for 6%, while Shiba Inu ranks fifth with 5%. The ranking pattern, which mixes meme coins with mainstream coins, indicates that investors are adopting strategies for risk diversification and dealing with short-term volatility.

According to Bithumb's relative strength index ( RSI ) indicator, Euler coin ( EUL ) is in the lowest range with an RSI of 4.89% ( -0.53% ), Toshi coin ( TOSHI ) is at 8.12% ( -3.15% ), Cortex coin ( CTXC ) is at 8.36% ( +0.52% ), Mocha Network ( MOCA ) is at 8.95% ( -3.66% ), and Doodle coin ( DOOD ) is at 9.03% ( -1.93% ). The overall RSI remains at a low level of around 10% and is in the oversold region, indicating that some coins may experience a short-term rebound.

RSI is a technical analysis indicator that quantifies buying and selling strength by comparing the price changes over the last 14 days. An RSI below 30 is considered oversold, while above 70 is considered overbought. The RSI from Bithumb is calculated based on the Simple Moving Average (SMA).

[This article does not provide financial advice, and investors are responsible for their own investment outcomes.]

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