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Ethereum RSI drops to 36%, indicating a slowdown in the recent correction.
10x Research pointed out that Ethereum's relative strength index in market analysis fell to (RSI) %36, indicating that the latest pullback has slowed down, but Bitcoin is still in a bull market. Unlike Bitcoin's parabolic rise and subsequent long-term consolidation, Ethereum has been more volatile in this cycle, offering high-risk, high-return opportunities around key events such as ETF approvals, trading launches, and major network upgrades. Note: The relative strength index (RSI) is a momentum indicator that measures the speed and magnitude of price changes. Generally, an RSI above %70 is considered overbought, while an RSI below %30 is considered oversold.#Gate.io Has Officially Partnered with Oracle Red Bull Racing #BTC #ETH #GateioInto11 #ContentStar