📊 RSI Heatmap (4H) of the Cryptocurrency Market
The Relative Strength Index (RSI) is an essential metric for identifying overbought or oversold conditions in the market. On the 4-hour chart, major cryptocurrencies display the following signals:
🔴 Overbought (RSI > 70):
Indicating a possible correction in the short term.
🟡 Neutral (RSI between 30 and 70):
Balanced market, without extreme pressure.
🔵 Oversold (RSI < 30):
Potential buying opportunities.
💡 Why is this important?
The RSI Heatmap helps investors visualize market momentum and adjust their strategies to avoid pitfalls or seize opportunities.
🔮 What to expect next?
Watch for rapid changes in the RSI during periods of high volatility, especially with macroeconomic events or major token launches.#RSI#Cryptocurrencies#Investment#TechnicalAnalysis #Crypto