2 overbought cryptocurrencies to avoid trading this week

The cryptocurrency market began the week with a sharp correction as Bitcoin (BTC) and other majors pulled back on Monday, triggering widespread liquidations. Despite the downturn, some tokens continue to flash overbought signals, a technical condition that often warns of short-term reversals. Notably, an asset is typically considered overbought when its Relative Strength Index (RSI) rises above 70, signaling extended buying pressure.  While strong rallies can keep tokens elevated in this zone, the higher the RSI climbs, the greater the risk of consolidation or correction source: https://finbold.com/2-overbought-cryptocurrencies-to-avoid-trading-this-week-4/