It's worth noting how many market participants overlook a critical pattern: when the monthly RSI of any asset—whether traditional commodities or crypto—hits 90 or above, historical data tells us a correction is almost inevitable, regardless of how strong the fundamentals look. Take copper's crash in 2006 or platinum's collapse in 2008 as reminders. The chart doesn't lie, even if the narrative suggests otherwise. This overbought condition has consistently preceded significant pullbacks across different market cycles and asset classes. Traders ignoring this technical reality often find themselves caught off guard when momentum finally reverses.
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CodeSmellHunter
· 5h ago
As for RSI90, many veterans have been caught off guard. The chart is real, but the narrative is all lies.
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GateUser-c802f0e8
· 5h ago
If RSI90 or above, it's time to run. Seeing so many people still sleepwalking, I really can't hold back anymore.
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ser_ngmi
· 5h ago
RSI90+ must fall, this is an old story, but some people still refuse to believe it.
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OffchainOracle
· 5h ago
RSI above 90 is not a signal, it's an alarm. Many people just don't believe it and wait to be crushed.
It's worth noting how many market participants overlook a critical pattern: when the monthly RSI of any asset—whether traditional commodities or crypto—hits 90 or above, historical data tells us a correction is almost inevitable, regardless of how strong the fundamentals look. Take copper's crash in 2006 or platinum's collapse in 2008 as reminders. The chart doesn't lie, even if the narrative suggests otherwise. This overbought condition has consistently preceded significant pullbacks across different market cycles and asset classes. Traders ignoring this technical reality often find themselves caught off guard when momentum finally reverses.