Amidst the tumultuous landscape of the cryptocurrency realm, a comprehensive examination utilizing the Relative Strength Index (RSI) values has revealed a significant shift occurring. Numerous cryptocurrencies are swiftly transitioning from the overbought territory to more balanced and possibly even oversold positions. However, it should be noted that certain cryptocurrencies are defying the odds and persisting in the overbought zone, challenging the market dynamics. The data obtained from CoinGlass has proven to be exceptionally significant in shedding light on this phenomenon. Consequently, it is plausible to anticipate an imminent retracement in these alternative coins.
