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📊 Ethereum RSI Update – What Does 35 Mean?
Ethereum’s RSI is currently at 35, after touching 34 earlier. Now it’s starting to stabilize.
What does this tell us?
🔹 RSI below 30 = Oversold
🔹 RSI above 70 = Overbought
🔹 Current level (35) = Near oversold zone
This means selling pressure was strong, but momentum is slowing down. Sellers are getting exhausted — however, this is not yet a confirmed reversal.
📌 If RSI climbs above 40–45 → bullish momentum may build.
📌 If RSI drops below 30 → further downside pressure possible.
Right now, this is a watch zone, not a panic zone.
Smart traders: ✔ Wait for confirmation
✔ Combine RSI with support/resistance
✔ Watch Bitcoin’s direction
✔ Manage risk properly
Are we about to see a bounce, or is another drop coming? 👀
Comment your bias — bullish or bearish?
Follow for more ETH updates and support your Popular Queen 👑 $ETH