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Investors favor Bitcoin and Ethereum as altcoins hit oversold levels amid market volatility.

Technical Signals
16 May 2026
Tokenpost
View Source
Neutral
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Large crypto investors are focusing their holdings on Bitcoin (83%) and Ethereum (80%) as a defensive move during ongoing market volatility. Several smaller altcoins show deeply oversold Relative Strength Index (RSI) readings, indicating potential short-term relief rallies but also signaling caution due to weaker liquidity and risk. This trend highlights a split in the market where capital preservation dominates, favoring major cryptocurrencies with broader institutional support and deeper liquidity. Future rebounds in altcoins depend on broader market risk appetite and volume trends rather than RSI alone.

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