source avatarMatt Downing

Share

📊 The ETH/BTC chart is flashing an important signal. Yesterday, the daily RSI climbed to its highest level in 11 months, highlighting the strength of Ethereum’s recent outperformance. Now, a bearish engulfing candle is beginning to form a pattern that often signals fading momentum and the potential for a short-term pullback. If confirmed, this could mark the beginning of a healthy correction before the next major move. As always, watch for confirmation rather than reacting to a single candle. #Ethereum #ETH #Bitcoin #BTC #ETHBTC #Crypto #TechnicalAnalysis #RSI #PriceAction #Trading #CryptoMarket #Altcoins

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.