ACMI Crypto Market Breadth Oscillator

📉 ACMI Crypto Market Breadth Oscillator

ACMI Crypto Market Breadth Oscillator chart combines the ACMI Index with a custom-built Breadth Oscillator based on Relative Strength (RS). It gives an instant read on market participation — telling you whether a majority of top cryptos are rising together, or if leadership is narrowing.

📊 What is the Breadth Oscillator?

You can think of it as a Relative Strength-based version of RSI, but applied to the entire market instead of a single coin.

It shows the percentage of coins in the ACMI index that are currently underperforming — i.e., having RS < 1.
This acts as a sentiment gauge — the higher the value, the more coins are lagging behind the index

The upper pane shows the ACMI index (blue) and the lower pane shows the % of index coins having RS < 1 (orange). Reference zones at 80 and 30 can help detect overbought and oversold signals.

🧭 How to Interpret it?

Breadth % (RS < 1)	Interpretation
🔴 Above 80%	More and more coins looking weak, potential top near
🟡 Between 30–80%	Neutral to Bearish – Market participation is narrowing
🟢 Below 30%	Healthy breadth – Fewer laggards, broad market strength

Note: Similar to RSI, only high or low values do not mean reversal possibility. AD line can remain high or low for long durations during a trend, similar to how RSI stays in OB/OS levels during strong trends.

✅ Why it Matters?

Dips below 30% often align with strong uptrends — only a few coins are weak.
Spikes above 80% may signal capitulation or exhaustion.
Comparing this oscillator against the ACMI Index helps identify market health beyond price — whether the rally is broad-based or carried by a few large coins.