2100NEWS WEEKLY CRYPTO REPORT Sep-26

The NWST1100 index declined by 7.02% last week; MYX Finance (MYX), 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 declined by 7.02% last week. On the daily chart, price action pressed against the mid-to-lower Bollinger and Keltner bands, accelerating downward. By the end of the week, the index broke beneath successive Fibonacci supports, producing a series of lower highs into the close and signaling a more profound structural shift. Notably, the lower boundary of the trading channel held under pressure; selling momentum stalled there, preventing a deeper immediate breakdown.

1. Market sentiment: The Price Oscillator (PPO) lines slipped into negative territory, confirming that momentum has weakened, though not yet in a decisive bearish regime. However, the histogram has flattened after two weeks of decline, signaling that downside thrust is easing. This often precedes an inflection point, where momentum begins to turn upward. The RSI closed at 41.7, firmly below the midline but not yet oversold, indicating that the market is weak but not yet in a state of capitulation.
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 plummeted last week. The McClellan Summation Index, a long-term version of the McClellan Oscillator that measures market breadth, continued to fall at a faster pace, signaling that underlying market breadth is weakening.

According to the chart on the right, all A50R indicators across all major segments (NWST1100, NWSET100, NWSL100, NWSCo100) have been oversold. Currently, only 22% of NWST1100 constituents are above their 50-day EMA. Large Caps (NWSL100) and Ethereum-based tokens (NWSET100) have been weaker cohorts, with 21–19% above their 50-day averages, while Coins (NWSC0100), with 14% have lagged somewhat. The data confirm the selloff was broad and sharp, with leadership groups unwinding prior strength most aggressively.

*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 transitioned into a confirmed corrective phase. Fibonacci breakdowns and breadth exhaustion point to weakening structure. Leadership sectors (Large Caps and Ethereum tokens) have been unwinding prior gains. Market tone is bearish, with support tests becoming the dominant theme.

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 begins the week after the lower boundary of the trading channel held last week, halting the selloff and creating conditions for a relief rebound. The most immediate target is Pivot P (~8,250), which now acts as resistance. How the market reacts there will likely set the tone for the remainder of the week.
2. The RSI (Relative Strength Index) stood at 42 last week, a neutral-to-soft reading, and may turn upward if a rebound develops.
3. The PPO histogram, which measures the rate of change (i.e., the first derivative) of PPO lines, has been negative, but is flattening; the probability of a move back toward the zero line is rising. Meanwhile, PPO lines may flatten and could meet the zero axis this week, a classic decision zone.
4. The Breadth indicators at the bottom of the first chart (NWST1100) may stabilize: 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 may continue rising. The McClellan Summation Index, a long-term version of the McClellan Oscillator that measures market breadth, may flatten. If participation improves even modestly, it could reinforce a controlled test of resistance rather than a renewed breakdown.

📌 Target and Scenario Considerations:

📍 Key Levels to Watch:

• Support: 7,900 (lower boundary of the Bollinger and Keltner channels), 7,650 (Pivot S1, 143-day EMA)

• Resistance: 8,250 (10-day EMA, Pivot P)

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 experienced a significant decline; the overall index dropped by 7.02% 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, Bitcoin stood out, outperforming other segments with a 1.27% 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:

✔ NWS30 led the market with substantial gains,  

✔ Bitcoin and NWSBE improved, showing notable strength.

✔ NWSCo100 (Coins),  NWSL100 (Large Caps), and NWSET100 (Ethereum-based tokens) were weakening.

✔ Ether 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 36.7%.
• Mean Reversion Opportunity:
  • The average quotient price, represented by a blue dashed curve, has been 10.97 over the past 143 working days, while the current spot price is 10.92. This is higher than the long-term mean of 8.76, 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 53.08% over the past twelve months. With daily index investments, an investor’s stock price would have resulted in a gain of 13.2% 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 14.50% over the past twelve months. However, a daily purchase strategy would have resulted in an 11.6% gain.

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

Indices Revision 9-26-2025

Based on the latest biweekly revision, MemeCore and MYX Finance improved their ranking and were added to the NWSL100 index. On the other hand, SPX6900 and Four 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 Linea, Fluid, oG Las, 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 MYX Finance (MYX) 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. 

MYX Finance (MYX) https://www.myx.finance/

MYX, a large-cap non-Ethereum-based token, is ranked 86th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade:  Extremely Weak, 8.3 (Average for Large-caps: 17.4)

Over the past week, the average market capitalization was $1,627.4 million, and the average daily trading volume was $129.8 million.

MYX is a non‑custodial derivatives exchange that enables on‑chain trading of perpetual contracts for virtually any token with an existing AMM market. The protocol was introduced to lower the capital cost of providing liquidity, remove network‑related barriers for traders, and streamline the trading flow so that advanced derivatives are as accessible as spot swaps.