I keep monitoring the daily RSI chart.

Looks like the market is moving south constantly right now.

Certainly, the RSI is not a perfect indicator. However, especially on the 1d chart, it reflects the market status quite well.

Similar to yesterday, $BTC is better than most tokens - however, today's drop hasn't reflected yet.

I will add some more insights to the chart later in the day and share it here. Will also have some new trade setups based on it.

#analysis #altcoins