2100NEWS WEEKLY CRYPTO REPORT Sep-12

The NWST1100 index advanced by 7.13% last week; Pyth Network (PYTH), a large-cap non-Ethereum-based token, has made the most significant leap in rank within the NWSL100 crypto index on a biweekly basis.

*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 it effectively displays 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 advanced 7.13% last week, marking a sequence of consecutive gains. Price action tracked the scenario highlighted earlier: after stabilizing around Pivot P, the market pushed decisively higher. By Monday, prices had already moved into the upper half of the Bollinger and Keltner channels, and by Friday, the index had tested the upper boundary of the range near resistance. This was a sustained rally, carrying the market from equilibrium at Pivot P to the ceiling of its trading channel.

1. Market sentiment: The Price Oscillator (PPO) lines have been in positive territory, confirming a positive-momentum regime. The histogram has risen for two weeks after turning up earlier; momentum continued to build through the week. The RSI closed 63.9, firm bullish momentum approaching (but not yet at) overbought territory
2. Attention has shifted to breadth indicators at the bottom of the NWST1100 chart. The Advance-Decline Volume Line (ADVL), adapted by 2100News for the crypto market as ADVPL, tracks the net money volume of advancing versus declining digital assets. It rose last week, showing inflow into advancing assets. The McClellan Summation Index, a long-term version of the McClellan Oscillator that measures market breadth, continued to rise at a faster pace, signaling that underlying market breadth is strengthening and building momentum.

According to the chart on the right, all A50R indicators across all major segments (NWST1100, NWSET100, NWSL100, NWSCo100) surged. Currently, 58% of NWST1100 constituents are above their 50-day EMA. Large Caps (NWSL100) and Ethereum-based tokens (NWSET100) remain the strongest cohorts, with 78–74% above their 50-day averages, while Coins (NWSC0100), with 61% have lagged somewhat. This confirms that the rally is selective and quality-driven, with leadership sectors advancing more sharply while laggards remain less forceful on a relative basis.

*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.

📉 Summary

The crypto market has shifted from digestion into a sustained rally, carrying the NWST1100 to the top of its trading channel. Momentum is firmly positive, and breadth has strengthened, confirming that leadership sectors are driving the advance. The structure now reflects a controlled uptrend, with resistance levels coming into focus.

Outlook for the Week Ahead

This report aims to provide probable insights into the cryptocurrency market’s near-term outlook. While complete predictability remains challenging, market waves exhibit 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 market may go into standby mode, compressing within a narrow band and nearing a critical decision point. This setup resembles the start of July, when a test of support triggered a renewed uptrend.
2. The RSI (Relative Strength Index) stood at 64 last week, signaling firm bullish momentum close to overbought territory, leaving room for another push but raising the likelihood of resistance reactions.
3. The PPO histogram, which measures the rate of change (i.e., the first derivative) of PPO lines, has been positive for five consecutive sessions; such phases often persist, yet the probability of fading toward the zero line later this week is rising. Meanwhile, PPO lines remain constructive, suggesting that any pullbacks may still occur within a bullish momentum regime.
4. The Breadth indicators at the bottom of the first chart (NWST1100) have shown near-parabolic peaks, which typically prove unsustainable; they may change direction to a potential downward phase. If participation continues to erode, selling pressure could force a controlled retest of lower supports rather than a broad advance.

📌 Target and Scenario Considerations:

📍 Key Levels to Watch:

• Support: 8,450 – 8250 (10-day EMA, Pivot P)

• Resistance: 8,800 (Pivot R1)

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 is evident that the crypto market rallied; the overall index advanced by 7.13% 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). Among these, Ethereum-based tokens (NWSET100) stood out, significantly outperforming other segments with an 7.82% gain over the past thirty days.

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

Performance Trends by Market Segment:

✔ NWSCo100 (Coins) and NWSL100 (Large Caps) led the market with substantial gains,  

✔ Bitcoin improved, showing notable strength.

✔ NWS30, NWSET100 (Ethereum-based tokens), and Ether were weakening.

✔  NWSBE and 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 represented by the NWST1100 index, to shares on global capital markets, as measured 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:
  • 46 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 outperformed equities by 59.7%.
• Mean Reversion Opportunity:
  • The average quotient price, represented by a blue dashed curve, has been 10.91 over the past 143 working days, while the current spot price is 11.90. This is higher than the long-term mean of 8.66, which has increased since October.
  • The mean reversion theory suggests that asset prices tend to revert to their historical average returns over time. 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 87.95% over the past twelve months. With daily index investments, an investor’s stock price would have resulted in a gain of 25.0% 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 18.28% over the past twelve months. However, a daily purchase strategy would have resulted in an 11.7% gain.

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

Indices Revision 9-12-2025

Based on the latest biweekly revision, World Liberty Financial, Pyth Network, and ether.fi improved their ranking and were added to the NWSL100 index. On the other hand, ApeCoin, THORChain, and MultiversX were removed from the NWSL100 index. Meanwhile, several adjustments were made to the mid-cap indices (NWSM200), where new projects were introduced and weaker ones were removed, reflecting the ongoing dynamism of that segment. Several new mid-cap assets, including Walrus, etaplex, TuringBitChain, and others, have been added to the NWSM200 index. Each index’s presentation provides more details about the additions and deletions across the broader family of 2100NEWS indices.

Winning member

Congratulations to Pyth Network (PYTH) on achieving a significant milestone: being recognized as the winning member of the NWSL100 crypto index, marking a 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. 

Pyth Network (PYTH)  https://www.pyth.network/

PYTH, a large-cap non-Ethereum-based token, is ranked 87th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade:  Poor, 12.4 (Average for Large-caps: 17.4)

Over the past week, the average market capitalization was $984.8 million, and the average daily trading volume was $154.4 million.

Pyth Network is a decentralized oracle delivering real-time financial data from 125+ institutional providers like Jane Street, Cboe, and Binance. Its pull-based architecture reduces gas costs by fetching data on demand, while Pythnet, a Solana-based chain, aggregates updates every 300–400 ms for cross-chain use via Wormhole. With PYTH tokens governing upgrades and incentivizing publishers, Pyth now supports 600+ protocols across 100+ blockchains, positioning it as DeFi’s leading data layer.