[Coin Trend Analysis] Tether (USDT) ranked 1st in net purchases by asset owners… Civic (CVC) RSI 10.00%

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[Bithumb/Market Trend]

On the previous day, Tether (USDT) was the most purchased cryptocurrency by asset holders, accounting for 14% of the total trading volume. Following that, Bitcoin (BTC) was at 12%, Pepe (PEPE) and Bonk were each at 9%, and Bitcoin Cash (BCH) at 6%.

This indicator was calculated based on purchase data from the top 800 asset holders on Bithumb, showing the actual investment concentration on specific cryptocurrencies. It is worth noting that a higher net purchase ratio indicates stronger confidence and buying sentiment for the asset.

[Now, Is This the Bottom?]

[Bithumb/Market Trend]

As of 10:51 AM on June 16, 2025, according to the Relative Strength Index (RSI) data, Civic (CVC) entered a strong oversold phase, recording an RSI of 10.00%. Self Chain (SLF) was at 13.85%, Soon (SOON) at 13.94%, Awe (AWE) at 16.58%, and Plume (PLUME) at 17.91%.

These figures are all below the technical analysis standard of RSI 30, indicating an overall oversold state and potentially interpreted as a low-price buying opportunity by some investors. The RSI is a technical indicator calculated based on price fluctuations over the past 14 days, and on Bithumb, it is calculated based on the Simple Moving Average (SMA).

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#Tether#RSI#TokenPost#Civic#AssetHolders

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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