Momentum for both BTC and ETH remains in neutral territory, using the Relative Strength Indicator (RSI) as a proxy for momentum. BTC’s current RSI is approximately 49.06 – a very middling level. RSI is a technical indicator that ranges from 1-100. Readings over 70 imply that an asset is potentially overbought, while readings under 30 imply that an asset is possibly oversold.
