While Bitcoin is nearing 10,000 USD, we have a look at two technical indicators: RSI and MACD. BTC’s RSI is currently over 70, and therefore signaling an overbought situation. MACD is showing a positive and supportive setting. We will have an in depth look at all major projects technical settings in tomorrow’s Weekly Crypto Report.

The correlation matrix for our selection of Token projects in the last 30 days show the usual pretty high levels overall. Cortex (CTXC) was the only project able to report a level significantly below 0.5. Enjin (ENJ) was the only other project showing a relatively low level of correlation with the group. We did not feature Token correlations in our Monthly Crypto Recap of yesterday.