
Daan Crypto Trades|Jul 21, 2025 10:29
As ETH is moving closer to its cycle highs, it's good to note that the current Daily RSI is the highest it has been this cycle.
This does not mean an immediate reversal has to occur, as it can remain overheated for some time. RSI can even go down as price makes new highs (divergence).
But it's good to be aware of when some of these indicators start flashing these signals. Personally it's not a reason for me to directly sell spot exposure, but it can be a reason to be more wary on long entries and might be a bit more patient and wait for a cooldown or flush of leverage first.
Sometimes just a week of consolidation can already do the trick to partially reset a lot of these metrics.(Daan Crypto Trades)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink