2100NEWS WEEKLY CRYPTO REPORT Oct-24

The NWST1100 index increased by 3.22% last week; ChainOpera AI (COAI), 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 the 2100NEWS Digital Assets Total Index (NWST1100), which measures the performance of 1100 (by market capitalization) significant crypto assets. The information-laden chart is complex to read initially, but it effectively displays essential price information, key decision-making 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 by 3.22%, reversing the prior week’s bearish momentum. The week opened with heavy intraday swings, reflecting fragile sentiment — on Saturday, October 18, volatility spiked sharply. A strong two-day rebound followed: on October 20, the index broke above the 0.236 Fibonacci retracement level, confirming renewed risk appetite. Midweek, however, sellers briefly regained control; on October 21, the NWST1100 fell by 3.6%, breaking back below short-term support. By Friday and Saturday, buyers returned, pushing the index to close near 8,130, up from 7,720, reclaiming the 143-day EMA and signaling a technical recovery. The rebound was broad and technically meaningful: Ether (+7.38%) outperformed Bitcoin (−1.7%), illustrating a rotational shift toward higher-beta assets and renewed speculative participation.

1. Market sentiment: Momentum indicators confirm that the market has transitioned from capitulation into stabilization. The Price Oscillator (PPO) lines remained below zero but have begun rising, indicating that downside momentum is fading. The PPO histogram rose, nearing positive for the first time in three weeks — a clear signal of strengthening momentum. The RSI rose to 51, exiting the weak zone and confirming renewed upside potential. Meanwhile, the Point & Figure chart recorded a “Top Breakout” at 8,150, establishing a bullish target near 8,950 and signaling a technical reversal from the prior downtrend.
2. Attention has also shifted toward breadth metrics at the bottom of the NWST1100 chart, which confirm an expansion in market participation. The Advance-Decline Volume Line (ADVPL) — 2100News’s proprietary adaptation of the AD Line for the crypto market — turned upward, reflecting renewed inflows into advancing digital assets. Similarly, the McClellan Summation Index, a long-term breadth oscillator, reversed higher from multi-month lows, reinforcing the recovery in internal market strength.

According to the chart on the right, across all major segments (NWST1100, NWSET100, NWSL100, NWSCo100), A50R readings — the share of assets trading above their 50-day EMAs — have rebounded from capitulation levels near 7% to 11–23%, indicating that more assets are trading back above their 50-day EMAs — a key early-stage recovery signal. Coins (NWSC0100) and Large caps (NWSL100) have been weaker cohorts, with 11–16% of their constituents above their 50-day averages. The overall breadth structure now reflects a transition from capitulation toward accumulation, not continued correction.

*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 NWSCo100’s 100 Coins members.

📉 Summary

The crypto market consolidated early in the week before breaking out above short-term resistance, confirming a structural shift. After closing below the 143-day EMA (~7,700) last week, the index formed a rounded base and rebounded strongly, closing above 8,100. The Top Breakout on the P&F chart, coupled with a positive PPO histogram, signals that the correction phase has ended and that a new advance phase is developing. Ether’s outperformance relative to Bitcoin underscores renewed risk-on sentiment typical of early recovery stages.

Outlook for the Week Ahead

This section provides a probabilistic assessment of the cryptocurrency market’s short-term trajectory. While markets remain inherently unpredictable, cyclical patterns in price behavior and momentum often reveal recurring structures that help identify the next likely phase of development.

1. The market begins the new week following the late-October recovery. The immediate technical reference point is Pivot P (~8,350), which now serves as initial resistance. The market’s reaction around this level will be pivotal in determining whether last week’s recovery evolves into a stabilization phase or extends into a further rally.
2. The RSI (Relative Strength Index) stood at 51 last week, may rise toward the 60–65 zone, reflecting improving risk appetite and a shift from neutrality toward early overbought territory — a hallmark of strengthening bullish sentiment.
3. The PPO histogram, which measures the rate of change (i.e., the first derivative) of PPO lines, remains firmly positive and is likely to stay that way throughout the week. As long as the histogram holds above zero, the PPO lines will continue to climb and accelerate, likely crossing and remaining above the zero line, confirming that the market remains in a bullish momentum regime.
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 begin to flatten after a strong rebound, suggesting a short pause in buying intensity rather than a sign of weakness. The McClellan Summation Index, a long-term version of the McClellan Oscillator that measures market breadth, may continue to advance, supporting the thesis that an early accumulation phase is underway and that market participation is expanding.

📌 Target and Scenario Considerations:

📍 Key Levels to Watch:

• Support: 8,000 (10-day EMA)

• Resistance: 8,350 (Pivot P), 8,800 (R1 target)

Investors and traders often rely on historical performance data to make informed decisions about their cryptocurrency holdings. After analyzing the table data, it is evident that the crypto market advanced gradually; the overall index increased by 3.22% 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, Ether stood out, outperforming other segments with a 7.38% gain over the past thirty days.

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

Performance Trends by Market Segment:

✔ NWS30, Bitcoin, and NWSBE led the market,

✔ Ether improved, showing notable strength.

✔ NWSCo100 (Coins),  NWSL100 (Large Caps), and NWSET100 (Ethereum-based tokens) 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, with that of 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:
  • 47 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 23.9%.
• Mean Reversion Opportunity:
  • The average quotient price, represented by a blue dashed curve, has been 11.00 over the past 143 working days, while the current spot price is 10.42. This is higher than the long-term mean of 8.94, 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 prices’ quotient, which is above the long-run mean, could imply that digital assets are highly valued relative 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 provides a consistent benchmark for comparing historical costs and returns. The NWST1100 Crypto Index has risen by 47.04% over the past twelve months. With daily index investments, an investor’s stock price would have resulted in a gain of 7.1% 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 18.18% over the past twelve months. However, a daily purchase strategy would have resulted in a 12.5% gain.

• Conclusion:
  

  The recent pullback highlights a fundamental truth in crypto investing: market swings define opportunity. Historically, digital assets have significantly outperformed global equities, but their returns often come in concentrated bursts that follow periods of pessimism and capitulation. Prices have fallen below the 143-day EMA, positioning the market at a technically and psychologically critical juncture. While caution remains warranted, current price levels could present compelling opportunities for disciplined investors preparing for the next leg in crypto’s broader market cycle.

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

Indices Revision 10-24-2025

Following the latest biweekly revision, Dash, ChainOpera AI, Synthetix, and Trust Wallet token improved their rankings and were added to the NWSL100 index. On the other hand, Jito Labs, Plasma, Virtuals Protocol, and dYdX (Native) were removed from the NWSL100 index. Meanwhile, several adjustments were made to the mid-cap index (NWSM200), with new projects introduced and weaker ones removed, reflecting the ongoing dynamism of that segment. The new mid-cap assets, including Meteora, Humanity Protocol, Open Campus, and others, have been added to the NWSM200 index. Each index’s presentation provides more details on additions and deletions across the broader 2100NEWS index family.

Winning member

Congratulations to ChainOpera AI (COAI) 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 comparisons should be efficient and effective, from an investor’s perspective. 

ChainOpera AI (COAI)  https://chainopera.ai//

COAI, a large-cap non-Ethereum-based Token,  is ranked 65th in the 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWSTo100, NWSOT50

2100NEWS DA Orderbook Quality Evaluation Grade: Extremely Weak, Score: 7.4, (Average for Large-caps: 17.6)

Over the past week, the average market capitalization was $2,331.7 million, and the average daily trading volume was $224.5 million.

ChainOpera AI empowers collaborative intelligence through a network of AI agents co-created and co-operated by the community. It is built on a Super AI app and a full-stack AI infrastructure that supports a creator economy for designing, distributing, and using AI agents; agent-centric model training and inference on distributed GPUs; and an AI-native blockchain for verifiable ownership, attribution, and transparent participation. ChainOpera transforms how intelligence is created and shared by aligning users, developers, and infrastructure providers through shared participation mechanisms, enabling a new era of open and collaborative AI.