2100NEWS WEEKLY CRYPTO REPORT Apr-11

The NWST1100 index has fallen by 2.60% from the previous week. KuCoin Token (KCS), a large-cap Ethereum-based Token, has made the most significant leap in rank within the NWSL100 crypto index biweekly.

*Below, we present a standardized weekly report and next week’s outlook, prepared based on the Theory Swingtum of intelligent finance. We gauge the crypto market’s breadth and direction by showing charts 2100NEWS Digital Assets Total Index (NWST1100), which measures 1100 (by market capitalization) significant crypto assets’ performance. The information-laden chart is complex to read initially, but the chart shows essential price information, crucial decisive price levels, momentum, trading volumes, and crypto market breadth. Monitoring Market Sentiment and Breadth is necessary to detect early signs of trend reversals or continued strength.

Our detailed analysis of the NWST1100 chart and related market indicators reveals essential insights into the current market conditions:

Over the last week, the NWST1100 index declined by -2.60% but rebounded sharply off its lows in the final sessions. While the market initially appeared vulnerable, multiple technical signals now point to a potential turning point. The index bounced strongly from the 4915 support zone, forming long lower candle wicks (tails), indicating strong demand at lower levels. This pattern mirrors the September 2024 base formation and suggests a possible bullish shift.

1. Market sentiment: The Price Oscillator (PPO) lines have reverted, and the histogram entered positive territory. The RSI (Relative Strength Index) has climbed to 47, indicating improvement in momentum and a move away from oversold territory.
2. We are now focusing on the breadth indicators at the bottom of the NWST1100 chart. The Advance-Decline Line (ADVL), which measures the number of advancing versus declining assets, has flattened. The McClellan Summation Index, a long-term version of the McClellan Oscillator that measures market breadth, has rolled over again, suggesting a renewed rising phase.

📉 Summary

The market shows early signs of reversal. Key support held, and indicators are shifting from extreme weakness to tentative strength. Volatility remains, but sentiment is improving.

According to the chart on the right, all A50R indicators across all major segments (NWST1100, NWSET100, NWSL100, NWSCo100) have remained at deeply depressed levels, with over 86% of digital assets trading below their 50-day moving averages but this extended oversold state shows the first signsn of reversal, they started rising. This breadth indicator measures the percentage of digital assets trading above a 50-day moving average. 

*This breadth indicator is essential in measuring the internal strength or weakness of the underlying index. Looking at the chart on the right side, we can see the A50R lines for four different categories of digital assets:

1. The top box shows the A50R lines for 100 Large-cap members of NWSL100.
2. The middle box displays the A50R lines for 1100 members of NWST1100, which is the Total Index measuring the performance of significant crypto assets based on market capitalization.
3. The third box shows the A50R lines for 100 Ethereum Tokens members of NWSET100.
4. The bottom box represents the A50R lines for 100 Coins members of NWSCo100., tako

Outlook for the Week Ahead

This report aims to provide insights into the cryptocurrency market’s near-term outlook. While complete predictability remains challenging, the market waves show some degree of predictability with discernible patterns in market behavior. By examining momentum indicators, several signals emerge that offer insights into the potential direction of the market in the short term.

1. The RSI (Relative Strength Index), with a current reading of 47, indicates the market is climbing out of oversold territory and may be entering an early recovery phase.
2. Point & Figure analysis has confirmed a bullish breakout above the 5550 level, setting a potential upside target at 6750.
3. The PPO lines measure the market’s momentum and are approaching the zero line. The PPO histogram may continue rising, hinting at possible short-term bullish momentum.
4. The Breadth indicators at the bottom of the first chart (NWST1100), which reflect the participation of assets in the market movement, may rise, a necessary precursor to broader recovery.
5. Oversold conditions on key indicators like the A50R lines suggest the market may soon approach a potential recovery zone.
6. 🔴 Red ellipses on the NWST1100 chart highlight similarities to previous successful reversal zones (e.g., September 2024).

In conclusion, after four months of lower highs, the market attempts to break above the green descending trendline. This coincides with the PPO lines approaching the zero line, signaling bullish momentum. The PPO histogram has completed half its ascent, with an entry into positive territory likely ahead. While challenges remain, technical conditions are improving. The current setup suggests that the market formed a short-term bottom. A confirmed rally will require follow-through in both volume and breadth, but early signals point toward a shift in sentiment. However, resistance may prove too strong when the price reaches the green descending trendline or the PPO approaches the zero line. If bullish conviction is lacking, the market could face a rejection later in the week, potentially pulling back from these key levels. This makes the coming sessions especially pivotal: a successful breakout above resistance would mark a structural shift, while a failed attempt could reinforce the broader corrective trend.

Key levels to watch:

Support: 5330 / 5075
Resistance: 5900 / 6250

Investors and traders often rely on historical performance data to make informed decisions about their cryptocurrency holdings. After analyzing the data in the table, a broad-based weakness was defined for the week. The overall index has fallen by 2.60% over the last week. The chart above highlights the performance of key cryptocurrencies, such as Bitcoin and Ether, alongside the 2100NEWS Indices, which track the performance of Ethereum-based tokens (NWSET100), large caps (NWSL100), and Coins (NWSCo100). Bitcoin has risen by 4.56%, outperforming other segments in the previous thirty days.

While the broader market has experienced a downtrend, different segments and individual cryptocurrencies exhibit different performance dynamics.

Performance Trends by Market Segment:

✔ Bitcoin, NWS30, and NWSBE led the market, showing relative strength.
✔ Ether, NWSCo100 (Coins), NWSL100 (Large Caps) and NWSET100 (Ethereum-based tokens)  weakened, indicating declining strength.

Investors and traders might use this information to adjust their portfolios, possibly shifting focus toward assets with stronger relative momentum while being cautious about those in the Weakening quadrant.

*RRG® charts show the relative strength and momentum of groups of digital assets. Those with strong relative strength and momentum appear in the green Leading quadrant. As relative momentum fades, they typically move into the yellow Weakening quadrant. If relative strength then fades, they move into the red Lagging quadrant. Finally, when momentum picks up again, they shift into the blue Improving quadrant.

Crypto (Digital Assets) compared with global equity

This report offers a comprehensive analysis comparing the performance of digital assets, as signified by the NWST1100 index, to shares on global capital markets, embodied by the Dow Jones Global W1Dow index. We draw insights into historical achievements and potential future trends by examining their performances over various time frames.

Let’s break down the key observations and implications:

• Historical Performance Comparison:
  • 41 Months Ago: Digital assets vastly outperformed global equities in global capital markets, reaching a record high in the comparative quotient between the NWST1100 and W1Dow index.
  • From twelve months ago to the Present, digital assets have underperformed equities by 14.3%, indicating a shift in returns that favors traditional equities in this timeframe.
• Mean Reversion Opportunity:
  • The average quotient price, represented by a blue dashed curve, has been 10.06 over the past 143 working days, while the current spot price is 9.40. This is higher than the long-term mean of 7.66, which has increased since October.
  • The mean reversion theory suggests that asset prices, over time, tend to revert to their historical average returns. The current average quotient price above the long-run mean could imply that digital assets are currently highly valued compared to historical trends.
• Returns Comparison (12-month Accumulation Method) & Strategic Investment Timing:
  • The chart also presents the returns achieved by the simplified index-based accumulation approach—buying one index point per day over 12 months—to simulate a mechanical exposure build-up. While this method is not equivalent to classical dollar-cost averaging (which involves investing a fixed amount of capital daily), it offers a consistent benchmark to compare historical costs and returns. The NWST1100 Crypto Index has declined by 12.13% from twelve months ago. With daily index investments, an investor’s stock price would have resulted in a loss of 7.5% on the current index price, reflecting unprofitable purchases due to high entry prices during a prolonged market uptrend when prices remained above the 143-day moving average for an extended period.
  • Contrasting with the crypto index, the DJW, representing global capital market shares, grew by 1.38% over the past twelve months. However, a strategy involving daily purchases would have resulted in a loss of 4.4%.
• Conclusion: While crypto has underperformed global equities over the past year, the recent pullback, below the 143-day moving average, may present attractive reentry opportunities. Historical data suggests that accumulation during such phases often yields superior returns once sentiment reverses. These current losses:

  • Primarily reflect the behavior of those who bought too high during last year’s hype,

  • Mean lower valuations, better entry points, and more substantial potential for future returns.

While crypto continues to lag global equities, the recent oversold readings suggest selective reentry points may emerge, especially for long-term allocators.

*The box in the middle of the chart shows the original NWST1100 price; at the bottom is W1Dow. 

Indices Revision 4-11-2025

Based on the latest biweekly revision, Kava, KuCoin Token, and Pendle improved their ranking and were added to the NWSL100 index. On the other hand, FLOKI and Polygon (MATIC) were removed from the NWSL100 index. Several new mid-cap assets, including BORA, peaq, etc., have been added to the NWSM200 index. Each index’s presentation provides more information about the additions and deletions for other indices in the family.

Winning member

Congratulations to KuCoin Token (KCS) on achieving a significant milestone: being recognized as the winning member of the NWSL100 crypto index, which represents the most crucial leap in rank within the index.

*We elect the member of the NWSL100 crypto index with the most significant jump in our ranking. We will examine how the market rates the project’s progress in case of price changes. It seems important to us whether the project is out of the ordinary tide of crypto project prices. Peer comparison should be efficient and effective, considering an investor’s point of view. 

KuCoin Token (KCS)  https://www.kucoin.com/

KCS Large-cap Ethereum-based Token is 90th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 10.6 (Average for Large-caps: 17.8)

Over the last week, the average market cap was $1,233.8 million, and the average daily volume was $238.400.

Behind KuCoin are two tech geeks who were early blockchain adopters. Having started coding at the age of 8 and founded his first startup at the age of 16, Michael immediately began to mine BTC when he heard about Bitcoin from his boss, Eric, in 2012. But when he tried to sell some BTC on Mt. Gox, he discovered that what was the world’s largest platform at the time was difficult for beginners to use. As the adoption of blockchain continued, Michael and Eric realized that it was reshaping the financial system into one that would not only serve the richest few but everyone in the world, even the less educated, unemployed, and unbanked. By the end of 2013, they wrote the first pieces of KuCoin’s code in a cafe, starting a People’s Exchange that would allow all to get involved with crypto.