Wealthier crypto investors have been leaning into major tokens—led by Bitcoin (BTC) and Ethereum (ETH)—even as a handful of smaller altcoins flash ‘extreme oversold’ readings, with the Relative Strength Index (RSI) dropping into the low single digits and, in one case, to zero. The split suggests a market where high-net-worth participants are prioritizing liquidity and recognition while pockets of the long-tail altcoin market suffer disproportionately sharp drawdowns.
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