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glassnode: Since the end of March, the RSI of Ethereum belief buyers has remained at 80.
Foresight News reports that, according to glassnode monitoring, the relative strength index (RSI) of Ethereum belief buyers has remained at 80 since the end of March. Meanwhile, the RSI of loss sellers peaked on April 16 and is currently cooling down (RSI Foresight News note, RSI (Relative Strength Index) is a technical indicator used to measure market overbought or oversold conditions, ranging from 0 to 100. Generally, an RSI of 70 indicates overbought, RSI