Relief bounce

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X @Easy
Easy· 2025-08-04 17:27
Market Analysis - Speculation suggests a potential chop followed by a move, with uncertainty whether it will push to $4,000 or form a lower high [1] - The market appears oversold on various timeframes, indicating a potential relief bounce, especially for ETH [1] Technical Indicators - Daily RSI for ETH is still over 50, considered bullish [1] - 4-hour RSI for ETH is down to oversold levels [1] - 1-hour RSI for ETH is also at oversold levels [1]
X @Easy
Easy· 2025-08-04 02:54
It was in fact oversold.Easy (@EasyEatsBodega):I dunno man, lot of stuff looks so oversold on timeframes right now.A relief bounce really feels like it's in store here, at least short term.ETH specificallyDaily RSI over 50 still (seems that is still bullish imo)4hr RSI all the way down to oversold1hr RSI all the https://t.co/zizvtZDJZF ...