According to the #RSI indicator, at the daily level, #Hive , #SPX , and #AIXBT are already in or close to the overbought area as the price rises recently. If they rise to the critical point or resistance level, they may face a correction in the future; the coinank RSI indicator filter shows that #PHA , VANA, etc. are already in or close to the oversold area after the recent price decline. If they fall to the important support area below, they may face a rebound in the future. Of course, the overbought and oversold indicators are biased towards the left side of the trading idea, which is the subjective contrarian thinking of guessing the bottom and escaping the top, while the Matthew effect and the right side of the trading idea are completely opposite to it, because the strong will always be strong and the weak will always be weak. The objective trend-following trading idea may allow the overbought and oversold tokens to continue the recent strong or weak trend.
