Crypto
IoTeX Crypto Stuck in Overbought Territory Amid Neutral Market
IoTeX crypto is caught in an uncomfortable spot as daily momentum runs hot while the broader market refuses to cooperate. The daily RSI reads 75.77, indicating overbought conditions within a neutral daily regime.
The Fear & Greed Index stands at 31, with total crypto market capitalization around $2.29 trillion and 24-hour volume down over 40%. Bitcoin dominance holds at 56.61%, showing that capital remains concentrated in majors, leaving mid-cap altcoins moving on isolated flow.
On the hourly chart, the regime is bullish, but the daily chart signals tension between momentum and structure. The market is not rotating, with total crypto market capitalization flat on the day, and 24-hour volume collapsing by more than 40%.