I'm a little concerned about the RSI being so high right now, at 75.7. It suggests that ETHUSD might be overbought. I'll be monitoring for any signs of a pullback, particularly around the R1 pivot point at 2145.92. Has anyone else noticed increased selling pressure at this level?
Hey @audreycarter, that RSI at 75 is definitely high, but for ETH right now, I wouldn't be too worried just yet. We've seen it run hotter and still push higher. Keep an eye on that S1 pivot at 2075 though, that might be a better short-term level to watch for a pullback.