2100NEWS WEEKLY CRYPTO REPORT Jun-6

The NWST1100 index has fallen by 1.59% 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:

The NWST1100 index fell by 1.59%, marking the second consecutive week of losses after a six-week rally. During the early part of the week, the index entered a “hovering phase”—consolidating as the 10-day EMA approached the 25-day EMA. On Thursday, the index experienced a sharp breakdown, testing key support near 6,700. However, by Friday, it had fully rebounded, closing back at 7,047 and forming a classic snapback pattern, suggesting active defense of the support zone.

1. Market sentiment: The Price Oscillator (PPO) lines continued to slope downward,  albeit at a slower rate, consistent with a fading bearish impulse. The PPO histogram remained in the negative half of the wave throughout the week, but it showed a clear inflection point and started rising. Meanwhile, the RSI (Relative Strength Index) rose slightly to 51.84, stabilizing near the neutral line but offering no bullish confirmation.
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 rebounded after a drop. The McClellan Summation Index, a long-term version of the McClellan Oscillator that measures market breadth, declined, confirming weakening long-term participation.

📉 Summary

The market has navigated a critical technical zone. The failed breakdown and sharp recovery point to short-term support, but the negative PPO histogram and weakening breadth metrics caution against premature optimism. The market remains consolidated, with a possible range-bound scenario emerging unless momentum and participation strengthen materially. Ether remains the best performer over the past 30 days (+14.95%), but recent strength has waned.

According to the chart on the right, all A50R indicators across all major segments (NWST1100, NWSET100, NWSL100, NWSCo100) have deteriorated compared to the prior week. Two of four indicators have exited oversold territory, reflecting a first sign of internal strength and a more neutral-to-cautious outlook. 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.

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), currently at 52, may continue drifting higher, suggesting a recovery. Although still in neutral territory, this rising slope indicates that momentum is gradually rebuilding, signaling the early stages of a potential recovery, though not yet strong enough to confirm a broad-based breakout.
2. The PPO lines indicate that the market’s momentum may change near the zero line. The PPO histogram may move to the upper half of its wave, even though values remain negative, implying weak but improving momentum.
3. The Breadth indicators at the bottom of the first chart (NWST1100), which reflect the participation of assets in the market movement, may continue to flatten,

   Reinforcing the narrative of narrow participation across segments.

📌 Target and Scenario Considerations:

With a rising momentum wave underway, the market will likely challenge resistance near 7,450, which coincides with the red horizontal line and Pivot R1 upper resistance zone. A push toward this zone is expected in the coming days. If the market breaks through, it could trigger further upside. Otherwise, a pullback or transition into a sideways range-trending phase is likely, marking a base-building process before the next directional move.

📍 Key Levels to Watch:

• Support: 6,900 (Pivot P)

• Resistance: 7,450 (horizontal resistance), 7,650 (Pivot R1 upper resistance zone)

In conclusion,

The crypto market showed clear signs of exhaustion of a two-week retracement in a range-bound market. Following the recent swift rebound, moving above the 7,400 target is likely.

Investors and traders often rely on historical performance data to make informed decisions about their cryptocurrency holdings. After analyzing the data in the table, it can be seen that the crypto market encountered a rebound of around 6700 points after a two-week pullback, but the overall index decreased by 1.59% over the last week. The accompanying chart highlights the performance of key cryptocurrencies, including Bitcoin and Ether, alongside the 2100NEWS Indices, which track Ethereum-based tokens (NWSET100), large caps (NWSL100), and coins (NWSCo100). Ether held up better than other segments and has significantly outperformed other segments, leaping 14.95% in the previous thirty days, but recent strength has waned.

While the broader market has consolidated, different segments and individual cryptocurrencies exhibit different performance dynamics.

Performance Trends by Market Segment:

✔ NWSBE, Bitcoin, and NWS30 led the market with exceptional gains,  

✔ NWSET100 (Ethereum-based tokens) improved,  showing relative strength.
✔  Ether weakened, indicating declining strength.

✔  NWSL100 (Large Caps) and NWSCo100 (Coins) lagged.

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:
  • 43 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 slightly underperformed equities by 1.5%.
• Mean Reversion Opportunity:
  • The average quotient price, represented by a blue dashed curve, has been 10.23 over the past 143 working days, while the current spot price is 10.29. This is higher than the long-term mean of 8.05, 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 risen by 9.96% from twelve months ago. With daily index investments, an investor’s stock price would have resulted in a gain of 10.7% on the current index price, despite 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.
  • The DJW, representing global capital market shares, grew by 11.58% over the past twelve months. However, a daily purchase strategy would have resulted in a 6.5% gain.
• Conclusion:
  

  The recent rally underscores the importance of following market swings in crypto investing. Crypto markets demonstrated that the best opportunities often arise when sentiment is weakest, providing lower valuations, better entry points, and higher potential for future returns.

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

Indices Revision 6-06-2025

Based on the latest biweekly revision, KuCoin Token, ApeCoin, and Four improved their ranking and were added to the NWSL100 index. On the other hand, Neo, Axie Infinity, and EOS were removed from the NWSL100 index. Several new mid-cap assets, including Zebec Network, BUILDon, Aleo, 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 82nd 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: 17.5)

Over the last week, the average market cap was $1,404.9 million, and the average daily volume was $3,221.482.

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.