Analysis of Cryptocurrency Market Trends and RSI

Amidst the commotion within the cryptocurrency realm, an examination rooted in the Relative Strength Index (RSI) values reveals a swift transition of numerous cryptocurrencies from the overbought category to a more balanced and even oversold status. Nevertheless, a few cryptocurrencies continue to defy the odds by persisting in the overbought territory. The data provided by CoinGlass holds significant importance in this context. Consequently, a potential regression in these alternative coins may be observed in the upcoming days.