Ethereum and Altcoins Hit Historic Lows in RSI, Signaling Market Capitulation

Ethereum’s price has tumbled, reaching its lowest Relative Strength Index (RSI) level since August 2023 and signaling a potential market bottom. This extreme oversold condition, mirrored across numerous altcoins, suggests widespread capitulation among investors and raises questions about the cryptocurrency market’s immediate future. Crypto analyst Michaël van de Poppe highlighted this critical... source: https://coinedition.com/ethereum-and-altcoins-hit-historic-lows-in-rsi-signaling-market-capitulation/