TokenPost.ai
Wealthy crypto investors are keeping portfolios anchored to ‘blue-chip’ assets such as Bitcoin (BTC) and Ethereum (ETH) even as market volatility persists, while several smaller altcoins are flashing sharp ‘oversold’ readings on short-term technical indicators.
According to a snapshot of “wealthy investors’ holdings” published Thursday ET, Bitcoin (BTC) appeared in 83% of tracked high-net-worth portfolios, the highest share among all assets. Ethereum (ETH) followed closely at 80%, while XRP (XRP) was held by 70% of these accounts. Solana (SOL) registered 48%, and Ethereum Classic (ETC) stood at 35%.
The allocation pattern underscores a familiar tendency during uncertain market conditions: capital gravitates toward the most liquid and widely recognized tokens, where deeper order books and broader institutional participation can reduce execution risk. In practice, that often means larger investors prioritize assets perceived as having stronger network effects, more mature derivatives markets, and comparatively resilient demand during drawdowns.
At the same time, a separate intraday technical screen tracking “Is this the bottom?” readings around 11:59 p.m. KST (10:59 a.m. ET Thursday) highlighted unusually depressed Relative Strength Index (RSI) levels across a handful of lower-cap tokens. Alchemy Pay (ACH) posted an RSI of 12.42, MEGA (MEGA) came in at 12.68, and Across Protocol (ACX) registered 13.00. B3 (B3) showed 13.15, while Cyber (CYBER) stood at 14.53.
Price action alongside those figures was mixed: ACH rose 1.28%, MEGA slipped 0.76%, ACX fell 0.46%, B3 gained 1.97%, and CYBER advanced 1.69% over the observed window, suggesting that deeply ‘oversold’ momentum does not guarantee an immediate reversal.
RSI is a widely used momentum oscillator that compares average gains and losses over a set period to gauge whether an asset is potentially overheated or depressed. In many trading frameworks, an RSI below 30 is commonly interpreted as an ‘oversold’ zone. However, experienced market participants typically treat extreme RSI readings as a signal to monitor conditions rather than as a standalone trigger, looking for confirmation through volume shifts, broader risk sentiment, and token-specific catalysts.
The divergence—capital concentration in major assets on one side and severe RSI compression in select altcoins on the other—highlights a market split between defensive positioning and speculative opportunities. If risk appetite returns, oversold altcoins can rebound sharply, but in a cautious tape they may remain suppressed longer than indicators alone would imply.