According to Bithumb statistics, Tether (USDT) accounts for 15% of buy-in share, ranking first. Followed by USD Coin (USDC) at 14%; Ethereum Classic (ETC) at 12%; Ethereum (ETH) at 10%; and Ripple (XRP) at 9%, collectively leading in buy-in. The market shows a steady buying trend centered around stablecoins and major mainstream coins.
Based on Bithumb’s Relative Strength Index (RSI) data, as of 11:53 AM that day, Solv Protocol’s RSI is 7.62%, and it is believed to have entered the oversold zone.
Bithumb / Market Dynamics
Additionally, multiple tokens such as Flow, Mantle, Resolve, and Zircuit remain in the oversold zone with RSI below 30. Especially, Solv Protocol’s RSI has dropped to the low single digits, prompting market discussions about the possibility of a short-term technical rebound.
RSI (Relative Strength Index) is a technical analysis indicator that quantifies the relative strength of recent 14-day price increases versus decreases. Typically, an RSI below 30 is interpreted as an oversold condition. Bithumb’s RSI is calculated based on a simple moving average.
[This article does not provide financial advice; investment results are the responsibility of the investor.]
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
What's next after bitcoin's historic underperformance stretch against stocks
Bitcoin’s first-quarter slump capped an unusual run: nearly six months of underperformance against U.S. equities, a stretch that has no precedent.
“That’s never happened,” said Mark Connors, founder of Risk Dimensions, pointing to data showing bitcoin lagging stocks consistently since early
CoinDesk33m ago
Retail Investors Abandoned XRP but Ripple Whales Have Stepped Up: Analyst
A very “ideal situation” for XRP has developed over the past few months, claimed a popular market observer, indicating that large whales have become the dominant buying force behind the asset.
Their comments come as the price of Ripple’s cross-border token has struggled over the past seven days, po
CryptoPotato1h ago
Solana Price Holds Near $80 as Analysts Split on Next Move
Key Insights:
Solana trades near $80 under pressure, with persistent lower highs and weak recovery attempts reinforcing a clear short-term bearish market structure.
Analysts identify the $75 to $45 range as a key accumulation zone, supported by historical demand levels and long-term
CryptoNewsLand1h ago
Cardano Price Near $0.245 Level as Market Momentum Weakens
Cardano's price is stabilizing around the $0.245 support level amid market consolidation and declining momentum. The inability to break resistance at $0.268 raises concerns about upward strength. Meanwhile, development of the new node version 10.7.0 is in testing, promising enhancements for the ecosystem.
CryptoNewsLand1h ago
Dogecoin Near Key Breakout Zone as X Money Buzz Builds
Key Insights:
Dogecoin volatility has tightened significantly, with Bollinger Bands compressing to yearly lows, indicating a sharp price move could emerge within days.
Rising futures volume and strong long positioning show traders anticipate upside, although repeated liquidations highlight r
CryptoFrontNews1h ago
XRP Signals Breakout as Accumulation and Activity Surge
XRP shows signs of accumulation with stabilizing prices and increasing long positions. Despite recent declines, trading volume remains high, indicating active buying. Institutional interest and expanding use in payments bolster market confidence, suggesting potential upward movement.
CryptoBreaking1h ago
