One of the crazier charts I've ever seen. This Daily RSI Heatmap is showing the RSI levels where alts came from and dropped down to today. As you can see, this average of ~32 on the Daily RSI is extremely low with many coins in the oversold area. Which isn't hard to believe with up to 80% drops on many of them. These levels were much lower at the bottom of the wicks where some coins went to basically 0. We've not seen these current RSI levels in 2+ years I think. This does not mean that these are must buy levels immediately. But I do think it's good to look around for some opportunities in all the chaos over the next week(s). And make sure to pick your coins wisely. Many coins won't see the same bid as the few strong ones will. After flushes like these, the difference in performance is often the largest. Stick with strength if you decide on buying anything.
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